Тёмный

Immigration Could Be the Housing Market Black Swan Event NO ONE Is Ready For 

Ken McElroy
Подписаться 407 тыс.
Просмотров 55 тыс.
50% 1

Free Webinar with Danille McElroy - "Inflation Survival Guide" - signup at this link: kenmcelroy.com/webinars
Ken and Danille McElroy discuss how immigration impacts the housing market, highlighting the overall effect of immigration on home values and rent prices.
You can listen to an audio replay of this live stream on Ken and Danille's podcast! Follow your favorite platform with the links below!
Apple Podcasts: apple.co/3jDqftx
Spotify: spoti.fi/31GUDwW
Check out the Limitless conference and sign up: limitlessexpo.com Use KEN10 to get 10% off your registration.
Follow Ken on social media at: x.com/kenmcelroy
• • •
Be sure to click the bell to be notified when the next informational video is posted!
Visit Ken's Bookstore: kenmcelroy.com/books/

ABOUT KEN:
Ken is the author of the bestselling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: mccompanies.com/

DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
2024 KenMcElroy.com, LLC. All Rights Reserved.
#KenMcElroy #RealEstate #RealEstateInvesting #ImmigrationImpact #HousingMarket #RealEstateTrends #PopulationGrowth #HomePrices #HousingSupply #EconomicTrends #RealEstate #USRealEstate #MarketAnalysis #HousingDemand #ZoningLaws #InterestRates #BuildingCosts #SupplyChain #COVID19Impact #ImmigrationPolicy #FederalAuthority #TemporaryImmigration

Опубликовано:

 

2 июн 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 364   
@shellylofgren
@shellylofgren Месяц назад
High interest rate causes house market declining, less people are buying houses. more empty comericial buildings are converted into residential condos wich results in rental declining.After covid, more people are working at home, artificial intelligence technology has eliminated many office jobs, and commercial buildings are vacant and converted into apartments.
@Walter_hill_
@Walter_hill_ Месяц назад
With rates climbing like never before in ’23 coupled with uncontrollable inflation, and our own mortgage at now 7.5% what are the best alternatives/strategies for avoiding a crunch and maximize my $200k savings other than moving in to an RV with my two kids and wife.
@donna_martins
@donna_martins Месяц назад
You are not alone we can no longer afford our mortgage, husband wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.
@robert-1miller
@robert-1miller Месяц назад
I believe that for the market to normalize, there must be a minimum 40% decline in home prices. It is advisable that you get advice for appropriate portfolio allocation from a knowledgeable advisor if you are unsure about purchasing a home. That's how I've managed to survive for the past five years and accumulate about $1 million in investment returns.
@DavidRiggs-dc7jk
@DavidRiggs-dc7jk Месяц назад
that’s some interesting numbers, mind revealing this person guding you ? he/she must be a seasoned advisor
@robert-1miller
@robert-1miller Месяц назад
Vivian Jean Wilhelm is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment.
@orhbo0
@orhbo0 Месяц назад
Finally … someone bringing up the issue of massive illegal immigration artificially buoying the housing market.
@nycupperes
@nycupperes Месяц назад
It’s not just housing, it’s actually most of NYC hotels 🏨 too.
@jgg204
@jgg204 Месяц назад
The issue is both legal and illegal.
@wreckim
@wreckim Месяц назад
@@jgg204 I think the Illegal ones are buying the $5M condos. I'm just saying.
@paulgavian90
@paulgavian90 Месяц назад
So your saying some money is gonna come to help these illegals....what if they squat??
@jessejaimz_og5978
@jessejaimz_og5978 Месяц назад
Been talking about this but no one listens to me
@topgun4499
@topgun4499 Месяц назад
imagine a govt. operated so poorly they had to import an entire nation of new voters because they lost the citizens vote.
@goosecouple
@goosecouple Месяц назад
"People deserve the government they get." -- The Ancients
@donaldjohnson-ow3kq
@donaldjohnson-ow3kq Месяц назад
@@goosecouple What if they never asked for government at all?
@goosecouple
@goosecouple Месяц назад
@@donaldjohnson-ow3kq "Did the US Founding Fathers ask for King George ?"
@paulgavian90
@paulgavian90 Месяц назад
Holy 😅, the audacity
@MachinistNumbr7
@MachinistNumbr7 Месяц назад
What do you mean they lost the citizens vote? Democrats almost always win the popular vote....
@RosieThecarlady
@RosieThecarlady Месяц назад
They brought all the people.. no plan … a disaster.., I can’t wait for November
@holmesrealestateteam8327
@holmesrealestateteam8327 Месяц назад
Oh, They have a plan. This isn't an accident. Ruin the middle class and only renters. NO home ownership. They're power hungry and sick
@allisonbadgett2356
@allisonbadgett2356 Месяц назад
And immigrants getting monthly checks and phones while elderly a poor Americans get nothing but maybe a homeless shelter if lucky
@CapitalismDeathSpiral
@CapitalismDeathSpiral Месяц назад
I am 40. Raleigh, NC. I have nowhere to live. Sleeping in car looking for a safe place to permanently park car as I cannot afford expenses. Over 100,000 houseless humans in this area. Shelters are too dangerous to sleep in. Only good for cooked food, showers and laundry. It all cities need homeless car designated places to park permanently to protect car from being towed and for sleeping in.
@tiffanyisaacson1407
@tiffanyisaacson1407 Месяц назад
Have you ever thought about Missouri not to many of them in the country to cold 😂you may be able to find a house for less than 290,000 here.
@auntyo3541
@auntyo3541 Месяц назад
How about renting a room? Utilities are included. And the winter months are coming soon.
@patriciavandevelde5469
@patriciavandevelde5469 Месяц назад
Come to live with me? Do you work
@CapitalismDeathSpiral
@CapitalismDeathSpiral Месяц назад
@@patriciavandevelde5469 I apply for jobs everyday. No job yet. I use social services to get by. IF I come to live with you, THEN what is the catch?
@CapitalismDeathSpiral
@CapitalismDeathSpiral Месяц назад
@@auntyo3541 I would rather sleep in my car than pay someone rent. Why? Because I would rather save up for my home outside the city than let someone else play with my money foolishly and un-Godly.
@improvisedsurvival5967
@improvisedsurvival5967 Месяц назад
I said letting all these people in would create competition for resources. People made me out to be the villain
@mike125520002000
@mike125520002000 Месяц назад
Tell me about. We have been dealing with this problem since 1492
@MachinistNumbr7
@MachinistNumbr7 Месяц назад
If you own real estate, that is fantastic news for you.
@anthony-L.A.6946
@anthony-L.A.6946 Месяц назад
It is always about new voters 10 years from now.
@brianlara8651
@brianlara8651 Месяц назад
Why "Undocumented' instead of Illegal ?
@AK-ne4og
@AK-ne4og Месяц назад
Novo lingua. Right after MAO cultural revolution. Change language meanings, change history, change people's minds. The result is not pretty
@eatmyblocks-blockchaindeve4093
@eatmyblocks-blockchaindeve4093 Месяц назад
This is quality of life going down. You really should call it what it is.
@TomTom-du5qv
@TomTom-du5qv Месяц назад
The RMCP in Canada had an internal memo which expected civil unrest due to the housing situation. Prepare accordingly because It's probably going to be the same situation here.
@okaydamian
@okaydamian Месяц назад
I’m closing in on retirement and I'd love to move from Minnesota to a warmer climate, but home prices seems ridiculous today, do I go ahead with buying a house anyways, or look at other sectors of the market as of now?
@fromthebirchwood
@fromthebirchwood Месяц назад
Agreed, amid covid-19 outbreak, I simply adopted the service of a certified financial planner instead of panic, and thankfully, I've accrued nearly $1m ROI after subsequent investments to date, marking my most significant financial milestone.
@LupeBaptista
@LupeBaptista Месяц назад
@@fromthebirchwood this is great! once you hit a big milestone, the next comes easier.. who is your CFP if you dont mind me asking?
@fromthebirchwood
@fromthebirchwood Месяц назад
I take guidance from a Pennsylvania-based advisor ''Karen Lynne Chess'' To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@nathanschmierer477
@nathanschmierer477 Месяц назад
Maybe find a better country
@maryhornbostel6959
@maryhornbostel6959 Месяц назад
​@@nathanschmierer477the mega rich are buying up all the property abandoned by the ignorant in 3rd world. They will have the beautiful lands and the undocumented and middle class will have deserts and frozen wastelands.
@JohnSmith-jh4lg
@JohnSmith-jh4lg Месяц назад
We all know who is best to address these issues with common sense. See you in November.
@CapitalismDeathSpiral
@CapitalismDeathSpiral Месяц назад
I came from Columbus, Ohio. No housing. Waiting list over 7+ years. Apartments are trashed and overpriced. Homeless people like me head south because winters are too dangerous.
@deedevries1123
@deedevries1123 Месяц назад
You haven't mentioned high property taxes.
@petemorton8403
@petemorton8403 Месяц назад
And insurance, of which is more😊
@_m_K_.
@_m_K_. Месяц назад
Thank you for addressing reality. I live in California and while there are homeless camps everywhere, most of the people do not look like they're from Central or South America, or even Chinese. I have said it for years, they are putting the people somewhere, theyre not living in tents, old campers or under freeways like lots of native born Americans are. And its obvious unskilled labor always stagnates or suppresses wages. It is basic supply and demand!
@maiaheiss2991
@maiaheiss2991 25 дней назад
Yes. I am in Los Angeles. I do not see them. Where are they?
@jj3682
@jj3682 Месяц назад
Great and very important topic. This is why homeless rates are the highest they have been since we started the point in time survey in 2007!! The rate for hispanic homelessness rose something like 28% in one year.
@karlhussey5831
@karlhussey5831 Месяц назад
We left Hawaii for that very reason. We visit often because we have family there and see continued inflation of house prices. Some older homes are jacked up and they build another dwelling underneath, making a 2-story home "Superhouse." Regulations have been cracking down on Superhouses and young adults will continue to have a hard time getting into a house.
@rachelk8368
@rachelk8368 Месяц назад
I’m a Canadian and it’s awful here. Hoping to be a good immigrant and add to the states in healthcare
@scientistguy
@scientistguy Месяц назад
Absolutely spot on and informative. Thank you for sharing your wealth of experience and knowledge.
@jackgoldman1
@jackgoldman1 Месяц назад
Thanks Ken and Daniele.
@mike125520002000
@mike125520002000 Месяц назад
Great info. Thank you !!!
@debrakwilliams48
@debrakwilliams48 Месяц назад
They are going into housing. No salary qualifies them for low income housing unlike most USA citizens. If landlords can receive 100% federal funding for immigrant housing, and keep the housing / rent market high, it is a sure bet when it comes to high profits. I met an immigrant who told me about keeping ones mouth shut as far as having any income to apply and upon any renewals.
@rossferguson5786
@rossferguson5786 Месяц назад
Great show as always !
@Heather-lq8hg
@Heather-lq8hg Месяц назад
Great video, very informative and a different prospective that no one is talking about 💥🤯
@tressacramer9192
@tressacramer9192 Месяц назад
Appreciate the information.
@MiamiBeachElite
@MiamiBeachElite Месяц назад
@KenMcElroy, I just finished building a multifamily in WPB, FL and rented the units very fast at top dollar. In my experience, people will pay to live in nice communities.
@goosecouple
@goosecouple Месяц назад
"Americans are so kind that they're giving their country and homes to foreign illiterates. "
@mike125520002000
@mike125520002000 Месяц назад
It’s sucks. They should have build the wall along the east coast in 1492
@junyu3453
@junyu3453 Месяц назад
😂
@junyu3453
@junyu3453 Месяц назад
Feeling same here in Canada
@ehiggins7476
@ehiggins7476 Месяц назад
@@mike125520002000well said
@sciencelabvideosl7558
@sciencelabvideosl7558 Месяц назад
… who voted for Hugo Chávez.
@SarahSmith-vt3oc
@SarahSmith-vt3oc Месяц назад
What landlord is going to dare to rent to tenants who likely will not pay and will leave a massive wear and tear on your property?
@graveyarddoji9620
@graveyarddoji9620 Месяц назад
The government is paying
@tericarter2512
@tericarter2512 Месяц назад
@@graveyarddoji9620Not paying to repair.
@markmoore273
@markmoore273 Месяц назад
Close the border
@mikethomas6715
@mikethomas6715 Месяц назад
@24:05 That is the Worst thing you can do is give ppl free houses. Someone has to pay for them. If youvgive ppl free houses then it has no value to them. Let them put in some sweat equity one way or the other then it has value to them & society as a whole benefits from that.
@charlesvinch595
@charlesvinch595 Месяц назад
Great analysis and dicription.....Black Swan!!!
@sharoncampbell5734
@sharoncampbell5734 Месяц назад
Great content just not talked about in the media
@agathaloewen877
@agathaloewen877 Месяц назад
Im from ontario Canada and ex landlord. The government totally sides with the tenant. About half of them move in, Don't pay rent and trash the place. It will take about 2 years to get them out. Meanwhile we have lots of empty homes we could rent out but we don't dare. The homlessness in this cold country is mimd boggling. It feels like the government wants this.
@athenapaquette
@athenapaquette Месяц назад
Thanks for thecworld rent data
@idonttext9783
@idonttext9783 Месяц назад
The stim money was us getting back pennies on the dollar they printed and took value away.
@tracydikeman8129
@tracydikeman8129 Месяц назад
My son and daughter in law having difficulty in Colorado due to immigrants getting apts over american citizens. This is in castle rock Colorado. The apt complex took there 250 deposit and wont refund them.
@joeshmoe7899
@joeshmoe7899 Месяц назад
For America's future, see Brazil.
@holmesrealestateteam8327
@holmesrealestateteam8327 Месяц назад
It's LEGAL or ILLEGAL - Get your words right
@RS-zj6ix
@RS-zj6ix Месяц назад
Immigration has been weaponized. But the bigger problem is the debasement of the US dollar.
@user-yy2fl2yf5m
@user-yy2fl2yf5m Месяц назад
Weaponization is an old trick. See Northern Ireland. Spelled out in Coudenhove-Kalergi Plan.
@mannymanny3859
@mannymanny3859 Месяц назад
In my suburb Ukraine immigrants increased rent apt like 25%-35% higher
@quychang4471
@quychang4471 Месяц назад
What city?
@mannymanny3859
@mannymanny3859 Месяц назад
@@quychang4471 Elmwood park, Illinois
@rubicon3416
@rubicon3416 Месяц назад
Pritzker will make it all better, lol
@mannymanny3859
@mannymanny3859 Месяц назад
@@rubicon3416 😂 💩
@SquintedVisions
@SquintedVisions Месяц назад
Redacted is a great show
@denicelopez9467
@denicelopez9467 Месяц назад
CA has a lot of services for the homeless and offer things like paid deposit and rental assistance well now we see overwhelming support go to undocumented individuals. So when the budget stays the same or gets smaller we have a large influx of new ppl to help there are some who will be left out unfortunately
@uploadtime1780
@uploadtime1780 Месяц назад
Still haven't moved, huh?
@Chris-pl1wk
@Chris-pl1wk Месяц назад
@@uploadtime1780Still probably voting blue. Everything is fine 🔥🔥🔥
@_m_K_.
@_m_K_. Месяц назад
California has a massive budget deficit, and yet I haven't seen any reports on how giving Medi-cal (Medicaid) to god knows how many millions of people has contributed. This is on top of all the other handouts they give them. 3700 detainees officially being stopped at the border. If they stop that many EVERYDAY, you know 3x or 4x are getting through... EVERYDAY!
@lindadavidson7328
@lindadavidson7328 Месяц назад
Cleveland is booming !!! There are housing developments all over. Empty lots are being built. People are coming home to the Midwest 💕💕
@MelissaAlford-xp8ry
@MelissaAlford-xp8ry Месяц назад
Do you think 3D printed home will solve the housing shortage problem?
@DanilleAZRealEstate
@DanilleAZRealEstate Месяц назад
no bc land is the issue more so than homes. There is no land to build multi family on and that is what they need. Not where people want to live and jobs are anywyas.
@EarlArmstrongJr
@EarlArmstrongJr Месяц назад
All facts about Hawaii
@jamesandrew62
@jamesandrew62 Месяц назад
Suicidal empathy in motion.
@grouphuff
@grouphuff Месяц назад
Agree! Public/private partnership are a solution.
@rc-nitrokid
@rc-nitrokid Месяц назад
People can't afford to have kids now days :(
@mundomoderno5279
@mundomoderno5279 Месяц назад
true … I live in Orange county California one of my fried is decent wealthy, but now he is living with 4 couples in his own 5 bed house, they are all my coworkers.. 😬
@certifiedfinest5065
@certifiedfinest5065 Месяц назад
Where in Orange County?
@colettespencer3357
@colettespencer3357 Месяц назад
​@@certifiedfinest5065yikes. Why?
@accidentalhomestead5522
@accidentalhomestead5522 Месяц назад
I live near/ in Tri-Cities including West Richland and can tell you housing has been strong here since the 90’s. Never even knew about the 07-08 recession around here. We’ve hit a critical mass with numbers, don’t know if there will ever be another major down turn.
@xpicklepie
@xpicklepie Месяц назад
Too bad they shut down the speedway. I used to watch the Super Late Models there.
@angieharris8015
@angieharris8015 Месяц назад
Not all Landlords want more building. Who wants to stare at a bunch of stack-and-packs, thereby taking away any beautiful scenery for all to view? Also, who wants to live around more people? How would having more people improve the quality of lives for people? I wish I were born in Switzerland, where people there aren't garbage, like people here especially in CA.
@9xqspx6
@9xqspx6 Месяц назад
How much time have you spent in Switzerland?
@angieharris8015
@angieharris8015 Месяц назад
​@9xqspx6 LOLOL. I am laughing because I'm pretty sure you have stereotyped me, but let me burst that little stereotype- bubble. Since my sister married a wonderful German fellow, I have had the opportunity to go visit them with frequent stays in Switzerland and other European countries. They currently live in Berlin.
@9xqspx6
@9xqspx6 Месяц назад
@@angieharris8015 If I had stereotyped you, I would not have asked the question, but would've jumped to a conclusion. Although it actually sounds like you haven't spent much time in Switzerland after all. :>
@angieharris8015
@angieharris8015 Месяц назад
@@9xqspx6 As I have suspected, you did stereotype me, judging by your last comment. LOL. What qualifies as "much time"? Have you been to Switzerland and spent "much time" there yourself? I'm sure I have you beat in that category. But, we can agree to disagree. I can tell you're just trying to be contrary and subtly-rude.
@9xqspx6
@9xqspx6 Месяц назад
@@angieharris8015 You are not getting where I'm coming from. I have a feeling that even if I further explained you still wouldn't - judging from your reaction to my previous comments. If I may turn the table on you: it seems like you are the one who stereotyped me. :D BTW I'm European, have been to Switzerland and know Swiss people. But of course this wasn't about Switzerland, but about people sometimes seemingly believing that at a foreign place things are magically better. I was looking to find out more about that. I guess I did in a way. Best wishes to ya', Angie!
@traceysweeney6965
@traceysweeney6965 Месяц назад
I have a home in a golf community in Casa Grande AZ. I’m aware of three break ins in my community. There are more than a few weird apartment/ housing developments being finished up. Not a happy camper! ps I’m a RE broker🤷‍♀️
@colettespencer3357
@colettespencer3357 Месяц назад
It's happening everywhere now. Even affluent communities. So cal here. Same where I live.
@daveyonda1150
@daveyonda1150 Месяц назад
In the land of the blind the one-eyed man is King!! or In the Trailer park the the single family home is the governor's mansion !!
@JasonAldeann-bt4xf
@JasonAldeann-bt4xf Месяц назад
Are they just putting them in free homes paid for?? How are they aboe to get financing of any kind without socials, employment proof, ect...bs!!!!!!
@judyhudgens5310
@judyhudgens5310 Месяц назад
Fire ins also plays in to the rents
@mike125520002000
@mike125520002000 Месяц назад
The border should have been closed in 1492.
@lukewarme9121
@lukewarme9121 Месяц назад
If that happened America would still be in the Stone Age.
@hugoc4910
@hugoc4910 Месяц назад
@@lukewarme9121Stone Age is much cleaner then modern times we heading with all this pollution and destroying earth
@Violet._.PhoeniX
@Violet._.PhoeniX Месяц назад
Nah western countries like Switzerland are beautiful and clean. ​@@hugoc4910
@ReynaDPerez
@ReynaDPerez Месяц назад
Well raising the rents will definitely help with inflation.
@jackgoldman1
@jackgoldman1 Месяц назад
All move to Big City Democrat strongholds where they will vote for more welfare. Unlimited welfare. Is that a good idea? NO.
@annehaverhals1750
@annehaverhals1750 Месяц назад
My husband keeps saying this as we are starting to look to move. That the increase in population will impact housing. My comment is they cannot afford much, and they will be renters of marginal properties. Who they will hurt is the lower middle class and the poor. That is who they will be competing with. They will not be self sufficient....they will be costing us in social programs, competing with the poor for jobs, and competing with the poor for housing.
@melvinfisher643
@melvinfisher643 Месяц назад
You guys need to get your mics on the same volume… It’s really annoying
@dustinmarquand5301
@dustinmarquand5301 Месяц назад
Yeah. Almost every episode they seem to forget the mic check...
@hrausss
@hrausss Месяц назад
I would love if someone could make your recording louder. Please someone turn up the gain on the videos. When listing on a mobile phone on speaker it's not loud enough. love the videos you can thank George for me finding you
@RichardBecker-yn7sp
@RichardBecker-yn7sp Месяц назад
The problem is not that there is enough housing in the U.S. but that most of the population wants to live in certain areas, primarily within 100 miles of the oceans. The center of the country is vastly underpopulated. Two things drive where people live: JOBS and Weather.
@BigPimpin101
@BigPimpin101 Месяц назад
They voted for it. Cold crow must taste great lol
@user-bi4he4ck6v
@user-bi4he4ck6v Месяц назад
Jews voted for it
@JanuaryR5128
@JanuaryR5128 Месяц назад
I said this 2 years ago!
@scottkidd1969
@scottkidd1969 Месяц назад
It would be interesting to see how much growth comes from Immigration current and projected compared to the actual cost of their services used. Any thoughts?
@cumberlandquiltchic1
@cumberlandquiltchic1 Месяц назад
And services needed. Where will they all live?
@AlchemistJedi
@AlchemistJedi Месяц назад
We bought our first apartment complexe in 2020 here in Ohio so far we've had 3 tenants fix credits and buy a house thus far from 2023 but it's cheaper here
@rogeliobarraza1772
@rogeliobarraza1772 10 дней назад
13:47 Thats a scary ass statement man. I really hope I buy a home somehow.
@fighter_pilot
@fighter_pilot Месяц назад
Ken, do you ever plan to move out of the US?
@jordyhumby
@jordyhumby Месяц назад
Happened to budlight no one wanted it prices went down!
@accidentalhomestead5522
@accidentalhomestead5522 Месяц назад
i have a paid for lot and could build up to an 8 plex but the financing and other costs are not favorable. I dont want to charge top dollar, i want to be at 80%. Turn over is an issue for me.
@athenapaquette
@athenapaquette Месяц назад
Where did she get the data on immigrant v price or rent increaee.please quote your source since you dont screen share
@mangoman9290
@mangoman9290 Месяц назад
37:21 "Depends on which side of the fence you are on" - literally!
@RedGottie
@RedGottie Месяц назад
Just think about how much less volatile our economy would be without so much government manipulation.
@shinvergil
@shinvergil Месяц назад
What stops big coprs snatching the extra and new "supply".
@MyLoganTreks
@MyLoganTreks Месяц назад
As long as there is a divergence in wage growth vs house prices there will be unaffordability
@benjaminmorel26
@benjaminmorel26 Месяц назад
If no can afford to buy then who's buying? Some one most be because prices are still high.
@andrewbronson7159
@andrewbronson7159 Месяц назад
Great show. As a Canadian, I agree. It's a mess up here. There is some undocumented immigration but I don't think it is significant. The problem here is massive immigration and nowhere to live. There are several other factors to consider. Canada has been a great place to do business and immigrants like to come here but this is changing. Building codes are getting so tough that construction is much more expensive. There are many other aspects of business in Canada that are being affected by cost of production in Canada. Canada under the Trudeau Liberal gov't has gone off the deep end over the green agenda and this is adding to cost of production of everything. USA has the same problems coming with the IRA and other programs. I'll start following Ken and Danielle more closely and hope they keep their eye on the mess to the North.
@DanielRicany
@DanielRicany Месяц назад
The problem is I can’t even find anything worth investing in, even in the remaining cash flowing markets because the rents still need to go way up to make it worth it. How do you expect me to a house into the rental market if I can’t be incentivized to buy it? Rents need to go higher and prices stay the same to attract me to buy a rental to provide an additional unit for someone to live in. What happens with this?
@DanilleAZRealEstate
@DanilleAZRealEstate Месяц назад
we are seeing cash flowing deals in multi family space
@adventurebabyboomer7318
@adventurebabyboomer7318 Месяц назад
Why? What is driving the housing price increases? (specifically)
@kerrybaird739
@kerrybaird739 Месяц назад
The extra people want houses.
@cliffordreynolds7407
@cliffordreynolds7407 Месяц назад
Most of them are going to the west coast or other states where minimum wage is higher than the rest of the country.
@SarahSmith-vt3oc
@SarahSmith-vt3oc Месяц назад
I met a white citizen woman from TX, moved to CO cuz min wage higher
@synewparadigm
@synewparadigm Месяц назад
8.5 millions of people that need housing 😮
@mauriciocruz3225
@mauriciocruz3225 Месяц назад
Black Rock T shirt interesting 🤔🧐
@9xqspx6
@9xqspx6 Месяц назад
Yeah, that bugs me a bit as well. Would like to know the story behind it.
@castlerc
@castlerc Месяц назад
That’s a country club shirt from a golf course in Scottsdale, also named blackrock.
@castlerc
@castlerc Месяц назад
My bad it’s in Coeur d’Alene, ID Just google it.
@9xqspx6
@9xqspx6 Месяц назад
@@castlerc That somehow sounds much better. :)
@castlerc
@castlerc Месяц назад
Sorry, not Scotts Dale it’s in Idaho.
@martingainty9623
@martingainty9623 Месяц назад
Nick Gerli says Ohio is the best State to move to for affordability and Ohio is still a Sellers Market
@gonzaloenrique8741
@gonzaloenrique8741 Месяц назад
Why don't we have a low interest rate for home builders, and a high one for the rest of the economy?
@kkiissssiikk
@kkiissssiikk Месяц назад
Silver tsunami will bring more inventory
@wakethebarbarian4577
@wakethebarbarian4577 Месяц назад
Correct. The oldest baby boomers are older than 75. Nursing homes and the graveyard await their arrival.
@phil1954
@phil1954 Месяц назад
Immigration helps keep our local contractors pricing in check. You charge too much, you risk losing your customers
@francestesch4086
@francestesch4086 Месяц назад
Hello. Something wrong with her volume. Please check
@davidallen2682
@davidallen2682 Месяц назад
Grey swan event
@jordyhumby
@jordyhumby Месяц назад
Ominous about china not showing statistics.
@9xqspx6
@9xqspx6 Месяц назад
Would you believe the numbers they provide anyways...?
@j.t.6689
@j.t.6689 Месяц назад
China has been in borderline deflation and they are trying to get back to inflationary economy.
@davidfrankel9267
@davidfrankel9267 Месяц назад
Please compare and contrast "Undocumented" with "Illegal"? It would seem if you are the former then logic says you are the latter? Apparently I'm not educated enough.
@BookerT1
@BookerT1 Месяц назад
maybe there’s a foreclosure boom brewing.
@MyLoganTreks
@MyLoganTreks Месяц назад
If you stop immigration to America, the real estate will tank or look as sad as Japan currently does because of their negative population growth. Having a 20 yr career in banking and wealth management follow the migration trends, buy low sell high.
@drumdad1242
@drumdad1242 Месяц назад
Where does the government get the money to build houses? Really surprised to hear you guys say that.
@9xqspx6
@9xqspx6 Месяц назад
How much tax money is constantly flowing into the governments pocket?
@MrFree006
@MrFree006 Месяц назад
Is everyone is using the Black Swan Event phrase lately?
@moviehipster
@moviehipster Месяц назад
You two are the most adorable couple! Good on ya! That triples your real net worth! And, Whats more fun then wasting tons of money with someone you love to hang out with.
@aliceg1619
@aliceg1619 Месяц назад
Go watch the movie Dr. Zhivago!
@ChrisJohnsonproducer
@ChrisJohnsonproducer Месяц назад
EXTRAORDINARY opportunities await! The US population is declining, and jobs that don't pay a fair / living wage still need to be filled. Bring on LEGAL immigration in a way that can be monetized! Put people to work (un-employment is insanely low), provide them with low-cost housing that most people wouldn't want, tax them, have them pay into Social Security and, hey, wait a minute - THAT'S WHAT THE COUNTRY WAS BUILT ON!! Suburbs with ultra-cheap housing, decent schools and grocery stores. The United States is essentially EMPTY - there are states that hardly have anything or anybody in them. There is SO much opportunity if we open our eyes, our hearts and and our incredible ideas to the possibilities we have RIGHT AT OUR FEET! Spend less on the military, tax corporations and re-invest in the American People!!!
@coffeeis4closers
@coffeeis4closers Месяц назад
What about the forecast for foreclosures? If the economy is getting worse then eventually there will be foreclosures which end up adding to supply. Also, I dont agree with you on having the government just build housing for everyone. This is not a communism country. What about letting the free market take care of that. If you lifted most of the regulations on building and the supply chain the free market would take care of the supply issue on its own and way better than if the government would do it. When have you ever known the government to do anything right or successfully with regard to providing housing. Its un American to make a statement like that ("the government should just build the housing").
@davidfrankel9267
@davidfrankel9267 Месяц назад
My parents, grandparents and great grandparents did not fight for this government. The government they did it for had some common sense (mostly)
@garythorsell5061
@garythorsell5061 Месяц назад
Put that money back in the social security where it belongs
Далее
🏟️👋 Welcome to your new home, Kylian Mbappé!
00:14
How Billionaires Raise Their Kids To Be Successful
14:33
A Grim Warning to Home Buyers (It's Getting Worse)
38:13
I've Read 350+ Business Books, These 5 Made Me Rich
15:44
We Are In A Housing Trap. Can We Escape?
19:43
Просмотров 404 тыс.
The Strange Killing of Ken Rex McElroy
24:04
Просмотров 12 млн
How I Turned $116K Into $3 Billion
24:02
Просмотров 288 тыс.