This Is What "Always" Happens Before A Real Estate Crash

[@NolanMatthias]

This Is What “ALWAYS” Happens Before a Depression Starts kzbin.info/www/bejne/lXmXp3tnaLqSfMk

[@CarlAcevedo-sc3bl]

Well, there are several indicators that often precede a real estate crash. On the negative side, you usually see a sharp rise in housing prices driven by speculative buying. This can lead to unsustainable debt levels among buyers and lenders.

[@rodgertim2881]

High vacancy rates and a sudden oversupply of properties can also be red flags. When market sentiment shifts, it can lead to a rapid decline in prices as people rush to sell their properties, exacerbating the downturn

[@christopherherbert2407]

if you notice that the market is correcting itself through a gradual adjustment rather than a sudden crash, that can be a sign of a healthier market. Also, if there’s a strong regulatory response or policy intervention aimed at stabilizing the market, that can help mitigate the severity of a downturn.

[@LoydJohnson-kp3jv]

In some cases, these adjustments can also create opportunities for strategic investments.

[@cherylhills3227]

How can a financial advisor help in this scenario, especially if someone is concerned about a potential real estate crash?

[@cherylhills3227]

I’m weighing the potential benefits of consulting with advisors, as I believe I could benefit from expert insights. However, I’m questioning whether their services would provide significant value beyond what I can already manage independently

[@scottarmstrong11]

Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?

[@Johnlarry12]

If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.

[@frankbarnes22]

The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market. My coach has helped me expand my portfolio by 200% over the past few months.

[@phillogan1]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@frankbarnes22]

I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Carol Vivian Constable for years and highly recommend her. Look her up to see if she meets your criteria.

[@phillogan1]

I curiously searched her names and I found some pretty interesting information. Thanks for this

[@AllissaJones822]

*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*

[@Mikecliton]

There's wonder working power in following Kingdom principles on giving and tithing. Hallelujah!

[@RobinRockhold215]

But then, how do you get all that in that period of time? What is it you do please, mind sharing?

[@AllissaJones822]

It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus

[@AllissaJones822]

And thanks to my co-worker (Michael) who suggested Ms Susan Jane Christy

[@SummerOlivess]

How can I start this digital market, any guidelines and how can I reach out to her?

[@GillerHeston]

I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

[@rogerwheelers4322]

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

[@joshbarney114]

I've remained in touch with a financial analyst since the start of my business. Amidst today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.

[@FabioOdelega876]

Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.

[@joshbarney114]

‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@FabioOdelega876]

Excellent share, just inputted Marisa Michelle Litwinsky on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.

[@LindaL.Fielder]

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

[@Saviourtina-c4i]

Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.

[@StephanieG.Augustus]

You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who were forced to witness the 2008 financial crisis could expect to generate a large wage.

[@CharlesT.Foster]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

[@StephanieG.Augustus]

Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@JasonB.Chisolm]

She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

[@RobertS.Headrick]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[@JasonB.Chisolm]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@pauline-o2q]

Soon, cheap homes won't be cheap anymore because prices today will look like dips tomorrow. I think inflation will cause panic until the Fed tightens its grip even more. You can't just pull the band-aid Off half way. Booms and busts are the ups and downs of the economy, and they will affect any investments. If you are at a crossroads or need honest advice on the best steps to take right now, it is best to get counsel from a financial expert.

[@KarenJ.Mancia]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@pauline-o2q]

Jessica Lee Horst is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Saviourtina-c4i]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Riggsnic_co]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@kevinmarten]

One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.

[@Jamessmith-12]

It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.

[@JacquelinePerrira]

Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal

[@kevinmarten]

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@JacquelinePerrira]

“Carol Vivian Constable” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@JayMomoa-4]

Real estate can be quite a rollercoaster, the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate my entire $700k liquidity value to my stock portfolio or just stay 100% cash?

[@albertzalez32]

in my opinion, some financial situations can be handled on your own if you research enough, while others are best navigated in consultation with a financial advisor

[@heatherholdings]

Right, I and a few neighbors in Bel-Air area work with an advisor who prefers we DCA across other prospective sectors instead of a lump sum purchase. Following this, my portfolio has yielded over 120% since early last year to date. IMO, nothing beats expertise.

[@chadgriffith1969]

@@heatherholdings I've worked in real estate for 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. Mind if I look up the professional guiding you please?

[@heatherholdings]

Katherine Nance Dietz is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.

[@chadgriffith1969]

@@heatherholdings thanks for sharing, I must say Katherine Nance Dietz appears to be quite knowledgeable.. curiously copied and pasted her full name on the web and at once came across her consulting page, no bs!

[@Duttonmuffins]

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.

[@ThomAlexanderGmaan]

The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.

[@Frankweily]

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

[@JesseMayhill]

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

[@Cottoncandyh]

My partner’s been considering going the same route, could you share more info please on the advlsor that guides you.

[@JesseMayhill]

Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@joynerberth7864]

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

[@paultrump7630]

Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

[@wellsHannahh]

@@paultrump7630 Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

[@DanielNoahD3w]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@AngellLevey]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@Wlad-v2w]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@JosephGodwill9h]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@Wlad-v2w]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

[@JosephGodwill9h]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@DanReynolds-qj2wv]

Inflation benefits the government. the higher the price you pay for things the more taxes the government collected. The key to success is finding a set of rules you can follow consistently. I make an average of $15k per week even though I barely trade myself.

[@SchindlerNelson]

Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.

[@Harvey-_-williams160]

How'd you pull that off? I've been trying to stick to a budget, but with all this uncertainty, it feels impossible to get ahead, let alone plan for the future.

[@Jonathan-c1n]

Tell me about it. My 401k Practically useless right now. I've got over $500k in there, but with everything going on, I'm wondering if I should just cash out and figure something else out. I'm getting closer to retirement, and the idea of relying on that fund is stressing me out

[@Anthony_james001]

That's why I started getting serious about budgeting and financial planning back in 2020 when the pandemic hit. It's been a game-changer for me. At first, it was tough, but now, I'm feeling way more secure, and my investments are actually growing.

[@Davila-r1f]

What assets did you invest in and how did you achieve so much within a such period of time?

[@FredNeurohr1]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@Zach_Shambaug]

Could you please explain how beginners like me can start making this much 😢

[@Scott_Thompson177]

last week I tried trading all alone but ended up loosing $3K 😢

[@FredNeurohr1]

I have Alex Robert to thank

[@FredNeurohr1]

He's is the guy that changed my life for good

[@JohnWilbert-gh2vs]

Yes!!! That's exactly his name (Alex Robert) so many people have recommended highly about him and am I just starting with him from Brisbane Australia 🇦🇺

[@MaxwellPrince509]

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

[@Dubin144]

proper research, good analysis is what you need to make profit in this constant market

[@PaxtonthePerfect]

Best thing is to carry out extensive research and be on top of current events. Know how current events can alter share prices and apply logic over your emotions. This is what worked for me. Best of luck

[@Fleming115]

it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research

[@RossSpencer176]

It's usually best to ignore the trend whether bullish or bearish and stick to a proper trading plan maybe from the help of a professional. I recently just started investing again so I am still in touch with the consultant that provides entry and exit points on the securities I focus on. She does all the technical analysis legwork while I go about my other businesses. You can use something else if you are the DIY type of guy, investing has no one way to do it

[@HannahLydia134]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you?

[@stevethomas5209]

What I did in 2008 sub prime crash. 1. Pay property taxes on my primary home no matter what pay that first and expenses. Primary home was paid off. 2. Pay mortgage on my rental home. 3. Don't give a single penny to anyone including credit cards. You will need that to pay other essential bills and feed your family. 3. Sell anything you don't need just get rid of it cheap for cash. 4. My home was paid off so I canceled my homeowners insurance. Not recommend but I did because I wanted to keep my rental home and needed the money. 6. After about 6 years things recovered and got back to normal. Sometimes you have to go extream to save the home front at all cost. It wasn't a good time at all but you gotta get tuff or the world will take you dow.

[@NolanMatthias]

Interesting. Fast thinking. Thanks for sharing.

[@ralphjessee2688]

How do you reconcile your #1 and 4 statements?

[@stevethomas5209]

@ralphjessee2688 I canceled my insurance on my primary home. The rental home had a mortgage on it so I was required to keep it insured. The money I saved combined w everything else guaranteed I would have money to pay for the rental if the tenant didn't pay the rent. In hind sight I know it was risky and so we took precautions not to have any guest over, no candles burning no Christmas tree and put two more fire detectors. We did complete walk throughs upon leaving the house to assure nothing was on like coffee makers, dryers, curling irons ect. I know I said mortgage on my primary home but I ment to say property taxes and home expenses sorry about that thank you for correcting me it was early morning when I wrote that and had not had my coffee yet. I will correct that again thank you sir.

[@anniealexander9616]

​@@ralphjessee2688Mortgage on the rental home

[@anniealexander9616]

I rented my primary home and both rentals. I moved into a friend's basement and took care of his 3 kids in exchange for rent. I held all the homes but it was terrible.

[@samirpatel4248]

I think all buyers should pause their plan for buying until there is not a single house that gets sold for continuous 6 months. And we wll will get our dream homes in half the price from the current. I am prospective buyer in GTA and I am going to put my plan on pause

[@NolanMatthias]

GTA condos might get close to that prophecy.

[@skarab9]

Half? Maybe ⅒ or even less. Once there's no more credit (debt=death) to buoy prices all transactions become cash i.e. More than likely Gold and Silver

[@kyang162]

Same thing can be said with sellers. Remove all houses for 6 months and see how much you would pay for the next one hitting the markets

[@Canadian-SK]

Remove all the listings 😂😂😂😂😂 when you are unable to pay the mortgage. I doubt if that is even possible 😂😂😂

[@samirpatel4248]

@@kyang162 true, may be their time will come again but may be after 5-10 yrs later

[@AYDvor]

2008 was more like 80% adjustments, $350K properties were sold for under $100k

[@sarawilliam696]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@NicholasHarmon-ow3jl]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@KaurKhangura]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@Justinmeyer1000]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@KaurKhangura]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@Justinmeyer1000]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@justSTUMBLEDupon]

6:07 !!! For those who are getting ready or are ready, cheers to you 🎉

[@raymond_sycamore]

Already seen a 30% decrease in selling prices in most of the states. There's so much money that was printed over a cough that we'll never seen nominal prices as low as we did in 2019.

[@pilot41186]

No state has had a 30% price cut

[@raymond_sycamore]

@@pilot41186 I bought the house I'm sitting in for 30% off of initial asking.

[@BTCforce]

Don’t buy a condo ever. Don’t buy a house unless u have a family. Don’t buy a house until u find a nice foreclosure u can get a good deal on bc u will became a debt slave. Mortgage n German means death contract. I rent, I move if landlords get greedy. I invest the difference. I could buy any house. I choose not to. Your “lifetime” house on average u will live n for 7yrs lol

[@billping2633]

Very well said. I bought a condo in 1995 thinking I will be there for about 10 years. Wow, was I wrong. It was worth 150k in 07. Then the bottom fell out, and by 2012, it was worth 40k. I stayed in it because it was at the time less expensive than rent. Not anymore with hoa and taxes. It took until 2022 to get back to 150, and I sold it. I moved to a better part of the country and rent now.

[@JohnAnderson-wc2fw]

Good advise buddy

[@FLAC2023]

Real estate is so overpriced, it is really difficult to even try to guess where the bottom is...

[@mikehay9204]

All private equity does is pump and dump. We saw the pump, hold on tight for the dump 😔

[@mikehay9204]

Private equity ( Blackrock ) bought 21% of the houses in canada, and 44% of the houses in the US in 2022. They bought in, jacked the price, pulled the equity, then lumped the garbage into Reits, and sold them to our pensions. This is going to get really ugly.

[@northhaven2501]

Fed is lowering rates slowly, alot of mortgages are coming due and the banks are not interested in owning your home, looks bad on their portfolio and stock. So most are just sitting thinking this 30% 50% off if coming.

[@alexpeters7159]

When do you think the crash will happen? Been hearing about this for 5+ years so just curious

[@wickedywack69]

Ummm, I think it already happened….

[@Aldo-d6z]

What people don’t understand is if prices drop by a large percentage no one is going to sell their home. It’s not going to fix anything. With a slight market drop on houses there are still plenty of people willing to sell for whatever reason. But why would anybody sell for less than what they owe. They’ll just stay there until the market recovers.

[@meekoosh]

Only if there are large scale layoffs and/or people are underwater (forced to meet 20% equity threshold)

[@alainbileg9826]

A lot of people are over leveraged , some have HELOC so when the banks call for their money people are forced to sell

[@84wildstyle]

So there is a "danger" that real estate prices could fall 30-50%? And this is supposed to scare everyone? They went up 150% and maybe even 200% at some places so even if they drop like 50% they'll still be up 100% - 150% from where they were ten years ago. Is that what you call a crash?

[@perbacksten6149]

If the price drops 50 percent, the house have to go up 100 percent to reach the same price.

[@eliteoutlaw3210]

This video was longer than needed 😂

[@tex3687]

I know hes a content creator but dang he beats around the bush so much 🙄 im like, dude just get to the point. 😮‍💨

[@relicofgold]

Yep. It could've easily been 5 minutes tops. I don't even remember what he said is the thing that ALWAYS happens because he filled the vid with so much superfluous nonsense.

[@Torytory976]

Both in Canada and the USA there is not enough homes. Canada is missing 4.4 million homes. The issues right now is high interest rates, there is so much demand in the Canada housing market, especially in the more desirable places to live like BC. The bank of Canada interest rate is supposed to be 2.25% by mid 2025, 1st time home buyers can now do a 30 year mortgage, and increase there CMHC fees, this will reduce a down payment needed for a home purchase, watch the spring market go sky high.

[@drREGANBRUENGER-6687]

Without a doubt, this year will be worse than the previous one. Last year, I lost a lot of money due to poor investing decisions that I would not have made if I hadn't been so concerned about my portfolio. I kept investing, but I wasn't sure if I should begin saving for a house. In the end, I sold everything I owned, and the house needed more care than I thought. I don't know how much longer I can go on like this.

[@SasiponPanavaravatn]

Every one of us has made mistakes at some point. Consider financial planning

[@RichardGeorge-uj9iu]

It is true. With the assistance of a financial planner, I was able to diversify my portfolio across many markets, resulting in a net profit of more than $1 million from high dividend yield bonds, ETFs, and equities. It is critical that you have an array of exposures, particularly with established lucrative firms.

[@ronniewilliams-g222]

Would you mind telling me about your financial planner??

[@RichardGeorge-uj9iu]

*June Renae Matthysse* If you look her up on the internet, you're going to surely find more information about her

[@drREGANBRUENGER-6687]

I checked her up on Google because I was intrigued. I studied her bio, and I must admit that her qualifications are quite exceptional, removing all doubt.

[@Lioness-Ma]

I would think the best time to buy is during a crash. With the best time to sell being during growth.

[@peej91]

Fed rates were low for too long due to government spending and thier ability to pay back the debt. It caused the consumer to go on an absolute borrowing spree and caused housing prices to go through the roof which then caused the violent change in interest rates, which actually resembles rates that are backed to a historical normal, have frozen the housing market. Kept people in debt forever and has kept an entire generation on average out of ever owning a home. It’s a scary thing policy needs to come correct sooner or later

[@joelballard4955]

As someone who studies economics. We must have massive unemployment and rates increase. There needs to be massive pain.

[@fruitloops3718]

The lessons of the past haven't been missed by me. I usually make my greatest money when there's great market volatility.

[@heatherroach1587]

That's why you chose the open variable now for 1 year if you want to downsize. BUT downsize to what?

[@Jdjdjfhehehd]

Also taking into account of increase taxes and cost associated with home ownership. Also driving wedges between those who can afford and maintain homeownership and those who will struggle, with competition between individuals, families and corporations.

[@jamesdeininger3759]

I want to age sure everyone understands - Lower interest rates won’t increase home values. The Fed lowering interest rates will be an indicator of an economy on the verge of recession

[@jayman1776]

1980-83 was a bad recession. But most the S&L failures happened in 1989 to 1995. He forgot to mention the 1991-93 recession . Home prices in california were down 30%, but in Texas, Arizona and Utah 50% or more.

[@JaBlanche]

They cranked them too quickly and too hight. Now we will deal with the fallout. GTA in free fall right now. Job losses will be significant I think. Won't matter how much BoC cuts...it will be too late.

[@NolanMatthias]

Yup, stay tuned to the other channel on that one.

[@abu4729]

These don't apply to the Canadian real estate market. 1. The Canadian system protects lenders and default borrowers from market crashes as in foreclosure isn't allowed as in the usa. A lender can't list a defaulting property at severely below market as well as declare it's a foreclosure. On the contrary, they can list it just like a regular listing without declaring it's a foreclosure, so the next buyer will buy close to market price anyway. 2.. Canadian banks don't sell their mortgage portfolio to overseas banks under CDO sugar coating like the us banks did and then short the stocks of the CDO buyers! So it's in the best interest of the banks to not have a cash cause they can't profit from the crash in any way! No big funds can profit from Canadian crash because Canadian shorts aren't that lucrative. And there's enough population in Canada right now to sustain high mortgage payments (by taking 10 tenants per basement).

[@JoshuaTrinityWolf-dc4up]

YES, Nolan is correct when he speaks of a correction and then like 1981 we see a doble up.I don't care I'm into gold and silver which will explode.We are retired and well off so our home can correct and double or go to nothing as we don't have children.I wish all homes would fall to affordable levels and stay thier for years. This would give young people a break.Then the prices could double or tripple for them.

[@user-wr3jh7ov3h]

I don’t think housing in itself will crash. It’s not like 2006-08 where banks approved a bunch of subprime mortgages with the (ridiculous) hypothesis that when you bunch enough of them together they magically become a diversified low risk product. Some markets will crash. Most notably, places that are predominantly filled with boomer retirees. There’s no job market there, schools are scarce, and social life is dead if you’re not into bingo night. All those boomers will have to sell their condos in the next 10-15 years and nobody is lining up to buy them.

[@Americanoligarchy]

It's never a great time to buy a home if real estate prices are soaring, that's probably a better time to be a seller, just saying

[@Glin-z1t]

Coming from a guy who used to say that RE in Canada only goes up 😂

[@NolanMatthias]

@@Glin-z1t yeah. That’s what I said 🤦🏼‍♂️ If you were paying attention I spent three years telling people not to get into bidding wars

[@wickedywack69]

@@NolanMatthiashe did say that, I remember it well.

[@Lifeisapartydresslikeit]

You know what’s crazy? GDP came in stronger than what economists expected once again! What the hell is going on?! We keep talking about financial stress, insolvencies and high unemployment but how is the economy still growing? Rates are coming down more this week. These are much different factors than the last 100 years

[@pilot41186]

Gdp due to war time spending with Ukraine grift

[@gdcapra]

I think you are way off on the depression. Prices fell in the range of 50 to 70%. My grandparents bought a home in 1942 that cost $18K to build in 1910 for $2.5K.

[@FourthWayRanch]

No other real estate crash had so much foreign investment, it won't crash.

[@billnunez4887]

Lol foreigns at not aware of the taxes. Most countrys have no taxes or very low taxes. Usa has major taxes. Yhe taxes will kill them

[@AshrafulAlam-zw1xw]

Crash is inevitable in GTA

[@Seaward1224]

It already has! You and many others are just sitting watching your opportunity pass you by again! The opportunity is now. You think when rates are 25-50% lower prices will keep declining?

[@dinagallis2664]

@@Seaward1224 IMO YES! even with rates going down as banks are tightening lending and unemployment is heading up ( cutting rates is not a sign economy is doing well) … unless we have another wave of money laundering from “somewhere” Canadians can’t afford these prices or the amount of debt required anymore 🤷🏻‍♀️

[@dirtlump]

@@Seaward1224 Yes they will decline in the foreseeable.... because under actuarial analysis if the datasets there very simply now exists a substantial deficit of servicing 'gdi'(gross domestic income) derivable from within the barely $2.1T Canadian gdp to maintain the payments on the now $4.6T combined Mortgage/Consumer Debt in Canada.... a gdp I might add that was being maintained for over a decade by no more than low-rate fueled Real Estate Debt expansion injecting false demand into price discovery. Recession, demand destruction and a very painful deleveraging cycle is imminent ~10 years that will make the 1989-1997 GTA experience pale in comparison.

[@swagic8452]

@@Seaward1224 what opportunity are you referring to that we are missing?

[@Seaward1224]

3 years ago fence sitters said they will wait until the cost of a home comes down. It has! Most places in Ontario have reduced in cost by 30% Builders can’t build new homes for the current cost and sell without losing money. Now fence sitters say well rate are too high! Rates are dropping and will continue to drop. Now it’s well the economy is hurting and jobs are at risk! You will always have an excuse not to put your own roof over your heads! That’s what you rent and will likely continue to rent. That’s OK rents are needed! The Opportunity is right in front of you! It may not be your dream home to start, it may not be in downtown Toronto, it may need work. You can’t have it all, all at once! Since when in history did that exist!?

[@JesusLied_ReadTheBible]

Homeownership is a scam. So many hidden costs. The mortgage is just the start of what you will pay. Rent and find some good dividend stonks instead. Divys can pay your rent and you get flexibility.

[@zevc3591]

Thanks.👍👍

[@sandygo9098]

Keep in mind that what you call "2008 crash" did not actually hit the bottom until 2012. Hence, the 2024 is comparable to 2007, and, consequently, next bottom will be 2029.

[@terracestevenkennedy9198]

Here in Alaska there’s not enough houses good jobs alote of money know crash insight

[@nickanderson8305]

I own two houses. One is paid off, one not. The house that is not is in BC. Iv been on the fence for a couple years about selling it and just sitting on cash to get back in. But how does one time that. @nolan Matthias if you were in this situation. Would you sell, or hold. The other option would just be to sell the one, diversify in NB where property is a 1/4 the price and have 3 200k properties vice one 800k property. Would be very interested in your advice. Not sure how the best way to reach you about this is. Hopefully you see this

[@NolanMatthias]

Not sure what I would do, but I’d make sure the one I live in is the one without the mortgage.

[@nickanderson8305]

@@NolanMatthias dang. That's about as far as iv made it

[@landmark22]

Its the Prices of Homes

[@BTCforce]

Inflation is causing high housing costs not appreciation, add a bonus property tax on that inflation lol. Don’t buy a condo ever. Don’t buy a house unless u have a family. Don’t buy a house until u find a nice foreclosure u can get a good deal on bc u then became a debt slave. Mortgage n German means death contract. I rent, I move if landlords get greedy. I invest the difference. I could buy any house. I choose not to. Your “lifetime” house on average u will live n for 7yrs lol

[@MrTracemins]

Your statement that price is dropped between 30% and 50% in the great recession 14 years ago is completely off base. The average price nationwide was 30%, so realistically it was between 10% to 50. Of course in a few markets it was a little more or less, but the bottom line is it was a 30% drop average on average nationwide. I find your videos worthwhile, so there's no need to exaggerate and outright lie. Keep it real.

[@ryanwalthuis1928]

The government can use the media to calm fears also and create confusion.

[@MarcusLatansa]

People buying house now must be completely out of mind

[@Ozymandias-r2v]

"crash" might happen in terms of housing intrinsic value but not nominal value. The overall national debt is too high. Inflation will have to be kept high (but not too high). The value of the dollar's purchasing power will go down. Housing prices will keep rising at a more tepid rate but will not keep up with inflation for a decade or so when things will likely normalize assuming no major war or other black swan in the meantime.

[@NolanMatthias]

Don’t put too much weight on the national debt. It’s not as important as you think.

[@Ozymandias-r2v]

@@NolanMatthias Famous last words

[@Littleone77]

Such a great video, Nolan! It’s insane the impact consumer psychology/sentiment impacts not only the real estate markets, but also the stock market.

[@NolanMatthias]

Well said!

[@RobertBoston-n4d]

If no one gets screwed, who gets screwed? I am confuse.

[@michaelzimmerman9221]

The numbers are far worse this go around! Far worse than the depression!

[@rbf100]

Even though there are cracks a real estate crash is unlikely in an election year. Danger my come in 2025. Real unemployment rate was much higher than 25% in the Depression, especially in the rock bottom year of 1932. Even though that was an election year.

[@stargazer5073]

50% loss in our area of CA.

[@michaelmallal9101]

We bought in GFC 2008.

[@NolanMatthias]

👍

[@saltchuckwest]

Instability like I've never seen before and I'm old.

[@ianwally818]

Unfortunately lack of housing supply will keep prices up.

[@rockytop6077]

Supply??? There are record inventory in florida.

[@FourthWayRanch]

Population increase and foreign sweatshop profits investment will make crash impossible

[@pilot41186]

But thus time is different they say

[@ronie6773]

Deleveraging

[@NolanMatthias]

👍

[@antareschen4451]

So tired of the freaking crash bros talking like a expert: ignoring inflation, government debts, population growth, etc. none of those is mentioned in the video. SMH…🤦🏻

[@NolanMatthias]

Fair points. Thanks for the insight. Might have to make a video on how inflation, government debts, and population growth are killing the housing market.

[@TheSpyder699]

People debt omg 😲

[@rigel3835]

U are absolutely right bro, I don’t see any reason for a crash down here in florida simply bc home insurance has increased up to 3 times for sooo many, taxes way up and ohh my goodness food 😮, utilities, health care are at all times highs. The economy is sooo great 👍 that only an idiot would say that a crash is coming. “Obviously I’m being sarcastic “

[@antareschen4451]

@@rigel3835 well to be fair, I was talking about the Phoenix housing. Texas and Florida housing seem to be due for a correction. It looks worse than Phoenix.

[@MrBdavis99]

We're in a debt based economy. When consumer debt maxes out, that's the canary in the coal mine to a housing correction.

[@tansabri6146]

How come no one can tell the future?

[@enkhyy]

😶‍🌫

[@Ozymandias-r2v]

I buried a time capsule in my back yard with instructions for my future self to tell my present self what to do... so far no response.

[@NolanMatthias]

🤷‍♂️

[@afrofy2431]

Hedge the supposed market with the new market 🚮🤔💸get it…

[@dinoa.17]

Toronto Vancouver house prices ll go down %90 imminent

[@petermarcin3809]

"You'll never go broke by underestimating the intelligence level of the general public" lol.

[@NolanMatthias]

lol. That couldn’t be more true

[@relicofgold]

This Canadian guy is such a hoser. I think he says "stick around" at least 2 times because he doesn't get to the point. I hate channels like this. It's hard to tell, because his whole presentation is nebulous, but I think he starts answering his bait headline question around 6:30. He really needs to just get to the point, make an 11 minute video a 5 minute video instead.

[@hill4377]

Capitulation on the way......

[@walkerhaw5468]

2024 is the new 1929 except far more bloody.

[@PunkRockGardener]

No for me

[@NolanMatthias]

😳

[@hendilim4757]

Where?

[@walkerhaw5468]

@@NolanMatthias A nation's central bank is like a bad Italian boyfriend. It doesn't make the Chicken, it just slaps the Ass.

[@natashadickson4819]

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