I'm not gonna buy a house that I can't even afford, a house that sold for 250k last year is now selling for 450k. No thanks
@JimmyPR2 жыл бұрын
She is wrong
@hypeman5533 Жыл бұрын
Someone please save this and post it back on her feed in 18 months.
@NicholasBall13021 күн бұрын
I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
@SophiaChristian-so2of
I bought a house in 2021. The insurance and property taxes have doubled since then, and now costs more than I ever paid in rent in my life. I feel that I would be better off living in a studio apartment in a warehouse again and investing the money in anything else.
@cfnaround1585
The problem isn’t the housing market, it’s the endless printing of money to make the value of the dollar drop so no one can afford a home
@23695angel
Buying a house of 480K and payments of $4k monthly?..😢..no thanks
@marioStortuga
Inventory is low because large corporations are snatching up houses like Blackrock
@XennialGuy Жыл бұрын
Anybody listening to this Gen Z is in for a rude awakening. Already happening.
@Nyckaka Жыл бұрын
Major layoffs, houses are over valued, housing market gonna crash soon.
@Markscott412Күн бұрын
The housing market is currently inflated and oversaturated, with homes listed at exorbitant prices remaining unsold for months. It seems likely that our generation will experience one of the most significant bubble bursts in modern history. I'm looking for the best strategies to grow $250k into over $1 million and secure a good home for retirement. I'm 48 years old.
@Susanhartman.
Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.
@_davidturner
I’m a new dad, I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSMC and AMD are still strong buys.
@dragonfoxsolid1308 Жыл бұрын
There are new factors. I make six figures but I'm not going to spend 500k on a literal shack. Things are going to crash because millennials aren't going to buy 500k homes that should be 200k
@Patrick-jx1yo Жыл бұрын
Homeowners are only “more dependable” when they’re employed. When unemployment dramatically rises, which it will, you will see housing prices drop substantially.
@rsb7608 Жыл бұрын
Last time it crashed due to those 2 reasons. This time it'll crash for another reason while we are distracted looking out for the previous 2 reasons.
@WalterFelts
In 2008 the housing crash was caused by default. Yes, but those defaults weren’t solely based on bad loans. It was due in large part to the greed of banks and their adjustable rate mortgages. They raised the interest rates and priced people out of the homes and caused the default. Then they foreclosed on the homes, kept the asset while the American taxpayer bailed them out.
@PositionOfPower100 Жыл бұрын
The worst advice I ever heard. I hope your followers look at the markets and look at the past recessions before listening to this trash. Stop listening to these fools. She is telling you to buy at the peak of the market SMH
@bdubs89212 жыл бұрын
Your right about the reason for the 2008 crash but there are different reasons for recessions. Homes are still being built so the number of houses will increase. With interest rates increasing, people won’t be buying homes because the interest they would have to pay to barrow money from the bank would be really high. The 2008 crash happened because the supply of houses that went on the market increased, dropping prices. What we are seeing here is a decrease in demand. It won’t be as fast as the 2008 crash, but instead a slow ride downward.
@Greggsberdard
I don't see housing prices falling much until the supply is increased. In the USA we are short millions of housing units, and we aren't building nearly fast enough. People always need a place to live and we are constantly making new people. Any slight dip in prices unlocks a bunch of buyers who will gobble up that supply instantly. I want to buy inexpensive houses in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some people say they make money, but others say it's risky. Any advice?
Пікірлер: 2 300
I'm not gonna buy a house that I can't even afford, a house that sold for 250k last year is now selling for 450k. No thanks
She is wrong
Someone please save this and post it back on her feed in 18 months.
I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .
I bought a house in 2021. The insurance and property taxes have doubled since then, and now costs more than I ever paid in rent in my life. I feel that I would be better off living in a studio apartment in a warehouse again and investing the money in anything else.
The problem isn’t the housing market, it’s the endless printing of money to make the value of the dollar drop so no one can afford a home
Buying a house of 480K and payments of $4k monthly?..😢..no thanks
Inventory is low because large corporations are snatching up houses like Blackrock
Anybody listening to this Gen Z is in for a rude awakening. Already happening.
Major layoffs, houses are over valued, housing market gonna crash soon.
The housing market is currently inflated and oversaturated, with homes listed at exorbitant prices remaining unsold for months. It seems likely that our generation will experience one of the most significant bubble bursts in modern history. I'm looking for the best strategies to grow $250k into over $1 million and secure a good home for retirement. I'm 48 years old.
Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.
I’m a new dad, I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSMC and AMD are still strong buys.
There are new factors. I make six figures but I'm not going to spend 500k on a literal shack. Things are going to crash because millennials aren't going to buy 500k homes that should be 200k
Homeowners are only “more dependable” when they’re employed. When unemployment dramatically rises, which it will, you will see housing prices drop substantially.
Last time it crashed due to those 2 reasons. This time it'll crash for another reason while we are distracted looking out for the previous 2 reasons.
In 2008 the housing crash was caused by default. Yes, but those defaults weren’t solely based on bad loans. It was due in large part to the greed of banks and their adjustable rate mortgages. They raised the interest rates and priced people out of the homes and caused the default. Then they foreclosed on the homes, kept the asset while the American taxpayer bailed them out.
The worst advice I ever heard. I hope your followers look at the markets and look at the past recessions before listening to this trash. Stop listening to these fools. She is telling you to buy at the peak of the market SMH
Your right about the reason for the 2008 crash but there are different reasons for recessions. Homes are still being built so the number of houses will increase. With interest rates increasing, people won’t be buying homes because the interest they would have to pay to barrow money from the bank would be really high. The 2008 crash happened because the supply of houses that went on the market increased, dropping prices. What we are seeing here is a decrease in demand. It won’t be as fast as the 2008 crash, but instead a slow ride downward.
I don't see housing prices falling much until the supply is increased. In the USA we are short millions of housing units, and we aren't building nearly fast enough. People always need a place to live and we are constantly making new people. Any slight dip in prices unlocks a bunch of buyers who will gobble up that supply instantly. I want to buy inexpensive houses in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some people say they make money, but others say it's risky. Any advice?