23:18 with that said cost to replace will go up due to supplies cost. Cost to build will go up…and by proxy existing structures. Idk how you predict 1% nominal growth in real estate price, these are conflicting ideas
@anthonylopez89320 күн бұрын
Five minutes in hearing the experts say that there’s a disconnect between how bad I think the economy is and how good it’s actually doing tells me all I need. Energy, food, interest rates and housing costs are all up. Nuff said.
@Johnnywalnuts116 күн бұрын
Thanks for proving they are right
@mle385715 күн бұрын
Home prices need to come down with these high interest rates
@JillZegzula20 күн бұрын
Appreciate the detailed breakdown! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
@rogerlindsley126020 күн бұрын
The effects of tariffs will be at the Fed level and perpetuate higher interest rates pushing down housing demand. Another pressure cited by DR Horton that will force higher building incentives to move inventory. There are increasing levels of inventory with standing shadow inventory (finished sans flooring to hold off of builder inventory) and increasing levels of existing inventory in many markets. These two factors, increasing inventory and high mortgage rates, portend a significant correction to achieve a mark to market. Apparently this is not where Moody’s is at. Good to know
@neilwarren332219 күн бұрын
VA mortgage 2.25% 🎉
@Rakkasan3187MTR21 күн бұрын
Dude says cuz of rates and building that growth will only be 1%. Then says prices are gonna skyrocket cuz of tariffs and there will be NO American supply... which is it? But doesn't account for tax cuts and subsequent wage growth? Did he account that we're like 7m homes short? Is the conclusion that yall got no friggin idea? Its fine to just say that, opposed to just contradicting yourself in the same 20 min video...
@BPOnTheMarket21 күн бұрын
The guest forecast 1% home price appreciation, but higher prices for goods and services -- not housing. I don't think it's a contradiction, different predictions for different parts of the economy -- and yes he took all of those variables into account. Of course you're free to disagree, but his analysis is very thorough.
@yaobling20 күн бұрын
Seems like every biggerpockets video, it just gets more and more left.... sad.
@BPOnTheMarket20 күн бұрын
What is 'left' about this video? We bring on economists and guest all of whom have their own opinions, and we do our best to understand issues from all sides.
@victoriamoberg122020 күн бұрын
I did get that feeling he doesn’t like Trump. For one we want goods to be here so our communities have jobs. For another he didn’t like the deportation idea but why. Those are jobs Americans without high paying jobs would love! Especially those that lost their jobs under biden because of pushing electric only. I wasn’t a fan of this one because of his one sided opinion
@Halleluja-x1y19 күн бұрын
I see lot of videos … they just talk about numbers between pre Covid and what’s now, which all of us know. Nobody says what the future direction is 🤣🤣🤣 I guess that’s why we watch these videos for 🤣🤣🤣 but I’m sure housing will see another 20% correction easily in places where it went up too much
@Merdle16 күн бұрын
When is the last time you talked to a working class person?