There’s going to be a big collapse, bigger than 1987 or 2008 we owe way too much money, and the stock market and real estate market is so overvalued it’s absurd!
Lisa, Thank you for your insight. I would like to see a Florida West Coast City by City Tampa to Naples. I live in Sarasota and the condo market has pretty much gone static in the 200 to 400 K pricing. My condo community of 254 units has 12 properties on the market a first in the last 10 years. Typically one or two are on the market. Covid changed that and not for the better, we flamed out here at the end of 2023
Been hearing this same narrative for 3 years. One thing I know for certain is no one can predict the future or what the real estate market will do or not do. Also markets are specific to county, township or state. Even neighborhoods.
very common sense answer...youtubers love to preach CRASH CRASH hunker down.....its good for views.......There is NO EASY answer to peoples concerns about prices......we are in a HIGH demand country with a good economy and people on the sidelines waiting to get a piece.....Barbara Corocoron is probably right,, once fed starts cutting it will release a Tsunami of Millenial buyers who want to start families ,, onto the markets and prices will climb again.
Ok , Lisa.....We are all living through a Great Fireworks Show....and....experiencing the " Grand Finale" !....What happends when the all the fireworks are shot off....Smoke and people Leave the area. Behavioral High...becomes a real low ....excitement leads to Disappointment. I think we are at the point in the "show" were the Very Smart spectators are leaving... to beat the Traffic ....Thank you , Lisa for another Terrific Video !...Please pat Truman for me..
What about investors that buy up lower priced homes then rent them out at exorbitant prices? Makes it hard for first-time home buyers. Or is that not happening?
Oh that IS happening.... Investors are competing with home buyers. You know HUD prevents investors from making offers for the first 10 days once a "HUD foreclosure" hits the market... but home sellers don't care and really don't think about it. I'm not saying I want this rule... but there should be limits on investors.
I sold all my stocks on the Dead Cat Bounce, I put it into an 18-month 5.25 apy CD, I was starting to lose sleep. Age 73 & no debt in the home I bought for $ 82K cash.
Only thing that is selling is higher end stuff. Some of which was builds that were started over 12 months a go. Got more calls and emails from builders in SWF last week than ever before.
If there was any guy I would not quote, Lisa, it's Harry Dent. He got one prediction right, back in 2000. So, he's gone 24 consecutive years without an accurate prediction. Whenever he talks, he yells to support his contention. That's because he's frustrated that his seemingly sensible predictions forever do not come true. It's because he doesn't understand that the game is rigged, and the financial masters can manipulate things in endless ways with all their tools. Just when it seems like it can't sustain itself, it manages to. They will rig it until it falls apart, but when it does, they'll gain even more control over the system and by extension, all of us!! And we will get fucked.
I agree that THEY "the government, big corporations" are rigging the system...100%. And while I think this guy is a Drama Queen, I do believe something is coming... we can't sustain these housing numbers, unless of course the plan is to wipe out the middle class and that very well may be the plan. Wages are not keeping up with housing and inflation.
comps dont include incentives new builds give which is nearing 50k per house national avg, if you calculated that and existing homes would also follow those comps then the median house would be waaaaaaaay down. Also median values are skewed because most homes being bought are higher spectrum homes from either people moving to "cheaper" states or boomers going into bigger more expensive homes because thats what they do so they can lord around.
@@yorsan2240 BINGO! (And the government data hasn't been REAL, for DECADES.) But pay no attention to the "faked" economy, debt, labor stats, (s)elctions, or Wall Street to FED numbers! (Just keep going to work, consuming, and paying taxes!)
Like Harry Dent, Peter Schiff and any most economists that don't work for the PTB have been saying for quite some time (again, since this is just another "controlled demo," obviously!) is that "modern history, repeats." (i.e. By design!) And I agree... we will nextly soon see another roller coastered: "the harder they fall" scenario from late 2024, into 2025... until, 2030ish!) And it will again, be globalized! (And probably even, more so?!) They pulled this SAME charade (with a different excuse) every 7- 14ish years now, like clockwork!!!
@ this point it doesn’t matter what the prices do because most of us consumers can’t afford the apartments or homes anyway!!!!….we don’t care anymore…let the automobile prices go up with the real estate also!!#NoSales2024/2025😌😌😌😌😌😌
I do agree that prices are out of control on most everything... everything went up since 2020.... I only pray we can turn this around. Vote for change.
Real inflation rate is 30%, so median home prices are actually under the real inflation rate.Food, medical, insurance trucks yada yada are all over the real rate of inflation, housing are just under the 30% mark. But if the Fed cuts, then all bets are off, median prices rockets past $500k!
Yes... if we have a rate cut prices could very well rise and many think this will happen. BUT.... if the stock market tanks this "could" negate any increases. The job market is getting weaker ..and if people lose jobs... they sell.... foreclosures rise. It's all tied together.
Heavily manipulated FED/ gov / industry massaged "median valuations" are next to meaningless (CPI, GDP, employment, etc.) when demand, is plummeting, by de$ign... and the PTB won't have their "Octo" buyer and lender, tentacles resuscitating the flatlined... command- controlled market playfield by "buying them back up, like Rothschilder "puppet Buffet's" well 'timed' dumped stocks, again... until those perceived valuations (read: PHONY numbers!) drop to half +/- of the buy- in peak price... to realign with their 'inflated' Hed0nic@l FED wizardry! (In lock- step with their maters at the City of London, and $witzerland, Italy, etc.) Might one suggest a DeLorean wayback machine "time travel" to 1982, was it? (Because this "history repeating - Back to the Future" only happens BECAUSE people don't LEARN, nor RECALL "past history!" (Case in point: The $ hadow $ tats data, for e.g.)
@@timsharkey8265 Precisely because they got way AGAIN with facilitated another "reinflate the bubble," before pulling out, the rug..." after having "on paper now = digitally" kicking the can, down the road..." after the last $20= 200 Trillion IH$ cult 'fiat' GIANT Euro bankster "sucking sound," HEIST... as the UNified "nation statist and territorial writ LARGE'S "tax and debt serfdom slave's life shavings" circled, then exited the foundry funnel... into the $wiss BI$ gold hoard(ers) 100 tonne Herme$ golden "fleeced" bar, "ABY$$!"
How many times have we seen this cycle? How quickly people forget or are newbies that are just learning about this? This whole mess is crashing....Nice video.....Hey, a great day for indoor sports!
It takes longer to sell now.... ( in most markets) And you're probably sitting on sizable equity.... you could prepare your home for a sale and cash out. Possible rent until the dust settles that way you can get a better deal on the next home...but keep in mind.. it took 5 years to bottom out the last time. You'll just have to catch it on the way down.
Time to pay the Piper. Last federal balanced budget was when Bill Clinton was president.35 Trillion in federal debt. Sell your stocks , Get out of debt. Regards Joe randy
There will never be a normal historical traditional cyclical home crash again. The reason is Corporations who still have cash will just continue to buy up even more houses because they are cheaper for them. Unless they change the environment that allows only 3 companies to buy 19,000 single family homes in the Atlanta area.
I hope you got Todd’s blessing about showing clips from his interviews. Scott Walter did the same without talking to Todd ahead of time and was hit hard by Todd and other like minded creators like Travis and Orlando. Just an FYI..
Thanks for your comment. This falls under fair use. Section 107 of the Copyright Act provides the statutory framework for determining whether something is a fair use and identifies certain types of uses-such as criticism, comment, news reporting, teaching.....
Ever notice that in every video clip, he yells? That's because he's mad that his predictions never materialize. He doesn't understand the financial masters' ability to rig the game and keep the party going for themselves. When it falls apart, it'll be because they want it to. They will gobble even more and the rest of us will be utterly fucked. They will take everything you have, no matter how smart you think you are at navigating the waters. She chose the wrong guy to quote.
