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.
@ThomasChai05
4 ай бұрын
The housing market in 2024 poses difficulties due to uncertainties about the Federal Reserve's ability to curb inflation and reduce borrowing costs without adversely affecting demand for assets like homes and automobiles.
@mikegarvey17
4 ай бұрын
Consider shifting from real estate to stocks during severe recessions. While market volatility presents short-term trading opportunities, it's crucial to approach with caution. This isn't financial advice, but investing during such times may be a strategic move, consider adopting the services of a financial expert.
@mariaguerrero08
4 ай бұрын
I fully agree and place great value on my advisor's role in guiding my daily investments. They excel in both long and short strategies, managing risk for potential gains and protection against market downturns. Their access to exclusive insights and in-depth analysis makes exceeding expectations a regular outcome. In the two-plus years I've worked with my advisor, I've gained over 1.2million dollars.
@CliveBirse
4 ай бұрын
@@mariaguerrero08who is your advisor please, if you don't mind me asking?
@mariaguerrero08
4 ай бұрын
"Gertrude Margaret Quinto" 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
@DorathyJoy
4 ай бұрын
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?
@Michaelparker12
4 ай бұрын
"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
@KarenLavia
4 ай бұрын
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.
@Hectorkante
4 ай бұрын
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@KarenLavia
4 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@VuNguyen-xp4qc
4 ай бұрын
Wow . She says that income is growing faster than the home price. 😂
@henri4311
4 ай бұрын
Realtor lady has no idea what she talking about
@JxLx2022
4 ай бұрын
not just younger.. anyone who doesn't have a high salary .. a salary of $250k or more... or already have a house.. your kinda sccrewed... not just younger..
@dinosaurdude5668
4 ай бұрын
Exactly.
@MikeW-xs8rf
4 ай бұрын
Yep 1 million is the new 100k
@eligreg99
4 ай бұрын
Stop. It’s more like 250-300k is worth 100k a few years ago
@kortyEdna825
4 ай бұрын
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@foden700
4 ай бұрын
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@brucemichelle5689.
4 ай бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@PatrickFitzgerald-cx6io
4 ай бұрын
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
@brucemichelle5689.
4 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@PatrickFitzgerald-cx6io
4 ай бұрын
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.
@Seanpfree
4 ай бұрын
What is she talking about??? Incomes caught up to home prices?? When?? Where??
@TheNoticer83
4 ай бұрын
It's more gaslighting. There are pretty much 0 cities with population above 50k where the median income can buy the median house. Outside money is inflating every market. Either Blackrock buys a house or someone from California sells theirs and can afford a house anywhere in America. Houses are not being bought up by people from the area.
@Jorge13457
2 ай бұрын
She's a propagandist man. We're living in the early stages of 1984.
@mobfxtrading
4 ай бұрын
She said wages growing faster then home prices? where did you find this girl
@celestial_sphere3
4 ай бұрын
she's delusional lmao
@luminepixels5437
4 ай бұрын
Tech salaries dropped by 13% this year. Not sure where they find these people.
@KK-pm7ud
4 ай бұрын
She's correct. You're uninformed.
@MrMountain707
4 ай бұрын
She's wrong.
@eile4219
4 ай бұрын
@@luminepixels5437 she is not talking about tech. She is talking about mcdonald's salaries :)
@zwatwashdc
4 ай бұрын
Can you say gaslight?
@TheNoticer83
4 ай бұрын
That's all the media does these days. I hope democrats wake up and realize that "fake news" is not some right wing conspiracy theory. The "news" media in America has been used to advance the interests of the 1% for at least the last few decades. We have been lied to and gaslighted every day since at least the first Gulf war.
@Scrunchie_777
4 ай бұрын
How are you gonna report about young people affected by housing and interview some old rich lady. And the housing situation isn't just 'pretty dire' it's completely catastrophic.
@TheNoticer83
4 ай бұрын
On the bright side, if the housing situation truly is catastrophic then it should cause enough damage that it has to crash. People have revolted and executed their "leaders" for far less than what our politicians are guilty of. Either the economy crashes (and with it house prices) or America has a 2nd revolution.
@cookng2100
4 ай бұрын
@@TheNoticer83wholly cow bro! Relax!
@wilsi473
4 ай бұрын
@@TheNoticer83 It won't make it crash but it will continue to squeeze America's young people and stunt our future population and growth. Curious what Biden will offer younger people to make up for this.
@Seanpfree
4 ай бұрын
This is THE END of first time home ownership and the slow death of the middle class in a generation. 77 bids over 4 years for our first home as native Tennesseans ALL OUTBID by cash investors. Wonder why we Millenials & Gen Z are doom spending? Why we aren't having kids, getting married? We CAN'T afford a home, car, kids, retirement... Child care costs 1/3 of the average income PER CHILD. At 35 y/o kids and a first home passed us by. Don't be surprised that these younger generations want to see it all burn. This economy isn't for us, it never has been. We've been checked out, not by choice
@ocampbell1954
4 ай бұрын
No it's not. Lol Boomers will be passing away within the next 10-15. Lots of homes will hit the market You sound entitled too. I'm 44 and just bought a house. Maybe you shouldn't live in a hot bed like Tennessee where there are a ton of people moving there from California. I'm just saying. 😂
@wk4240
4 ай бұрын
I feel where you're coming from, and not all older generations are so self-serving, and greedy - we do want to leave something of worth to our children.
@TheNoticer83
4 ай бұрын
@wk4240 but it's too little too late. Too many baby boomers and silent generation were OK with policies that only helped their generation. The world we live in today was 100% designed for silent Gen and baby boomers. All the policies that shaped this messed up world was for them.
@MiamiPush2theLimit
4 ай бұрын
Get a good job so you can support yourself.
@leeroyjenkins3677
4 ай бұрын
Always fun listening to people that are out of touch with reality speak on the average American consumer
@i6power30
4 ай бұрын
People in the wealthiest and most powerful country in the world struggle with housing and healthcare.
@dystopia-usa
4 ай бұрын
It's dire for anyone not in a $120K/year+ household - which is what you need minimum to afford the median priced $400K house in the USA today. Where you live also has a huge impact.
@Kyle36147
4 ай бұрын
Me and my S/O are in this exact situation with about 30K extra a year. The current mortgage we have is insanity for the size house we have (in the Midwest). Both of us have a degree and respectable jobs. My S/O salary for the amount of eduction she has (and the cost of said education) is criminal in these current economic conditions. I can’t imagine how others are making it in this market because we feel like we’re well off for people our age. Most people we know that are doing equal/better than us are getting help from well to do parents.
@StewMain6
4 ай бұрын
I feel for gen z who were too young to buy a home before Covid. Bought my home in 2018 near bottom of the home prices. Then I refinanced at the historical low interest rates just 2 years later. Now just 6 years later, my home is now valued over 150% of what I bought it for and I haven’t done a damn thing to it and I have a super lower interest rate. I couldn’t buy my home today if it were up for sale.
@wk4240
4 ай бұрын
We're home owners as well, and one thing we fortunately have is humility, and gratefulness for our situation. Boasting or bragging doesn't serve anyone well.
@lalalalalalalala4264
4 ай бұрын
Same situation. My mortgage is lower than a 1 bedroom apartment. My husband and I wanted to move to a different state since he work remotely. Planning on keeping our home vacant. Don't want to sell with our ridiculous low interest home and don't want to be landlord.
@Ap32023
4 ай бұрын
Hire a property manager.@@lalalalalalalala4264
@icu1585
4 ай бұрын
Give first time buyers a 2% interest rate
@adamasimolowo8285
4 ай бұрын
agreed
@Meerkat17
4 ай бұрын
Love this idea
@heinzyketchupy4175
4 ай бұрын
INCOMES going up bc people take two to three jobs 🤣🤣🤣🤣🤣
@anuragchakraborty8766
4 ай бұрын
How do people have the time or energy to work two to three jobs?
@jurgen8774
4 ай бұрын
Stop blaming mortgage rates for this crisis. Even if rates go down, prices will go up so not much will change
@wadej769
4 ай бұрын
This girl is smoking something. Prices are up close to double from 2019 in my area. Incomes are not up double LOL
@zwatwashdc
4 ай бұрын
It’s not a new problem? BS. It is brand new since the inept pandemic response.
@69pepe420
4 ай бұрын
only PEPE can save us now
@JosephMcEntee99
4 ай бұрын
I believe a housing market crash is looming because many people bought homes above asking price despite low interest rates. Now, as housing prices drop, they're left without equity, facing potential foreclosure or selling at a loss. This situation is likely to affect many, especially with expected layoffs and rising living costs.
@debroahmorrow5919
4 ай бұрын
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you're careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advice but get buying, cash isn't king at all in this time!
@leonardives1991
4 ай бұрын
You are right! I've diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@Elina_H
4 ай бұрын
Do you mind sharing info on the adviser who assisted vou?
@leonardives1991
4 ай бұрын
"Jennafer Beaver Turner is the licensed advisor I use. Just Google the name. You'd find necessary details to work with to set up an appointment
@Elina_H
4 ай бұрын
After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2024 on a financially successful note.
@wk4240
4 ай бұрын
Our daughter and son-in-law, to very high income workers, are even having to budget to get into a home - but they at least have a shot. It's all ridiculous, and if a change isn't made in a timely manner, younger generations are in for a very rough ride. It's so wrong, that - again - only the relatively few young are allowed to make strides forward.
@gen-X-trader
4 ай бұрын
It is impossible to find quality construction workers that don't want very high wages. It's understandable, it's hard work and if you're skilled you deserve more. The days of being able to pay a skilled guy low wages are long gone. Even the entry level workers are demanding more and rightfully so. Why would you want to scrape roof shingles when you could work fast food for the same money?
@ocampbell1954
4 ай бұрын
Should have never kicked out the immigrant workers.
@EuroEnthusiast1990
4 ай бұрын
Just put a bid on a home in nearly 3 years and buyer just paid cash for it, they win I lose.
@havok5565
4 ай бұрын
Lol did she just compare Wages to homeprice increase. BS.
@ASD-DAD
4 ай бұрын
I feel so lucky I was able to buy residential properties back in 2008, I purchased three 2 bedroom condos in Vegas for around $15K-$18K each from bank owned or distressed owners. I also purchased a 5 bed single story home for $55K. Nowadays, cars cost more than that.
@BigRed2
4 ай бұрын
We believe you
@sbar39
4 ай бұрын
Typical realtor painting Sunshine when there's a thunderstorm.
@yoban2000
4 ай бұрын
People keep blaming Biden and Trump and Obama for this mess. The reality is WE AS VOTERS, consumers, stockholders, and sell outs let this happen. Only WE can stop it from hurting future generations. God and peace be with you.
@kingjustice1831
4 ай бұрын
This is all true, but it seems to me that mouth-frothing greed has truly taken hold; and in a society where money is king and the king makers have their own armed security (police) - it is over! Debt has taken hold at all levels of the society and no one is in the mood for true austerity, or at a minimum, a rational discussion about a way forward.
@yoban2000
4 ай бұрын
@@kingjustice1831appreciate your comment. Good healthy dialogue.
@kydrone
4 ай бұрын
Higher prices equals higher taxes you pay to the government. You really think the gov wants to lower prices???
@randyduyck6254
4 ай бұрын
It's tough out there for the young people. I thought it was expensive when I got my home years ago. If my wife or I lost my job, we still could make the payment. Today, notsomuch!
@keithpalmer4547
4 ай бұрын
It is much cheaper to rent actually with all expenses taxes insurance repairs etc added in for home ownership.
@shanerogers9386
4 ай бұрын
This is a crisis affects anyone who didn’t own a home before the speculators rushed in.
@ChuckTaylaTV
4 ай бұрын
Where exactly are incomes/wages going up??? Lmaoooo
@starship519
4 ай бұрын
Thats why we gotta raise them rates until houses reach 90s prices again
@BigRed2
4 ай бұрын
You are clueless 😂
@starship519
4 ай бұрын
@@BigRed2 im 100% correct
@huynguyentoantin
4 ай бұрын
good luck with your wish
@BigRed2
4 ай бұрын
@@starship519 No matter the rate is or price is for a House it doesn’t fix the supply problem, if you sell a Home you need a Home, everyone (80% of people with a mortgage) has a rate under 4% and are not going to be selling at a loss when it costs just as much or more to rent, you are so clueless on the Housing market
@Scapone2001
4 ай бұрын
We need price controls in real estate
@christinehopping5040
2 ай бұрын
They are skipping the big problem: DEBT. Most people are in debt and that's why they cannot afford a down payment or pay mortgage.
@zcorpalpha2462
4 ай бұрын
Nice Comedy 🎭 Channel 🤣💸
@jl1248able
4 ай бұрын
“You will own nothing and be happy” -World Economic Forum
@Andygb78
4 ай бұрын
Minimalism.
@JustinStempel-d9p
4 ай бұрын
It is very simple the market is now divided into the haves and the have nots. If you bought before 2020 you are chilling and not moving anywhere. If you need to move then you still doubled your investment and can take that with you to buy a home.
@Boostlagg
4 ай бұрын
Everyone should just get smart and load up and debt and just stop paying. There are way more of us than them.
@QuinnanScott
4 ай бұрын
That’s doesn’t really work. Stop paying your mortgage they will take your house in 3 months. Same with your car
@Boostlagg
4 ай бұрын
@@QuinnanScott hence I said everyone. Social security is gone in 10 years, inflation rampant, gov increasing taxes and Fed thinks wages are too high while we can hardly afford to live. Let the system fail.
@philipricossa2733
4 ай бұрын
How much debt have you take on?
@KentuckyHillbilly
4 ай бұрын
The usd will fail within 10 years.. we have reached a point of no return. People in Gov are just playing musical chairs.
@albertsimmons2743
4 ай бұрын
I'm starting to think the same let the system fall.
@MrMountain707
4 ай бұрын
I don't know anyone making $300k
@NoNo-ng9sl
4 ай бұрын
Blaming unaffordability only on rates. Its like a diabetic blaming the last piece of cake for thier spike in sugar. Never mind the perpetual cycle of bad habits what lead to the disease.......lowering rates will only dose gasoline on the problem it created. This lady is either purposely living under a rock or has some stakes in this low intrest game.
@RicardoGallegos-f5k
4 ай бұрын
No one in their right mind wants to pay over $500 a month where ur only there when u sleep bc u gotta work the rest of the waking moments of the weekdays.
@kenarthur6253
4 ай бұрын
Today's kids have no clue how to save. They just cry foul and dont accept responsibility. Disgusting
@oscarp2629
4 ай бұрын
To all my Trump supporters, don't be silenced, don't be shamed, don't be afraid. That's what the masses want - keeping you in the shadows, keeping you quiet without a voice. Speaking up is your God-given right - use it or lose it. Stand strong 💪 stand united 🇺🇸
@RM-cf4pw
4 ай бұрын
Meanwhile ….. home builders making RECORD PROFITS ….
@JeremiahShafer
4 ай бұрын
Inventory went down when rates went up at the initial shock, but I am certain that the extend and pretend camp cannot continue extending and pretending if rates went higher.
@geronimo3752
4 ай бұрын
I just watched another expert say that there is plenty of inventory. Who do you believe??? Sick of these people talking lies.
@ScottFranklin-of3nz
4 ай бұрын
The story could be approached here in oklahoma regarding houseing affordabilitys and renting if these random women stop evading reality with surveys or stealing customer service reports
@georgemaximus694
4 ай бұрын
Cnbc needs to interview that 6% who says housing is affordable to see if they actually live in US and are human beings
@zcorpalpha2462
4 ай бұрын
Dave Ramsey says “ Your All Lazy ‼️💸🤣 “ Buy my Book 📚
@ShutterSpeedGaming
4 ай бұрын
😂😂😂 baby steps
@Fatboylo1980
4 ай бұрын
Trouble is mostly old money killing the market. People inheriting money or getting down payments from parents or grandparents. If you don’t have that option and do not make 150k plus a year, yiur not buying anytime soon.
@freedomlife3623
4 ай бұрын
Wow, trying to live in Vancouver BC with average housing at 1.6 million. Americans have higher income than Canadians.
@BuhodePiedra
4 ай бұрын
Oh and the new laws now say sellers (generally older people) must have legal representation and buyers (generally younger people) do not necessarily need any realtor or qualified legal representation at all. More lopsided power dynamic here.
@Royal-le1ib
4 ай бұрын
It's affordable in many many areas ... Places people don't want to live in. Youngstown OH, Gary, IN, Detroit, MI. 25 years ago Las Vegas was affordable. Now everyone wants to move here and many are cash buyers fleeing California... Driving prices and choices.
@ndantona92
4 ай бұрын
Revoke social security for a UBI/mortgage subsidies
@illegalsmirf
4 ай бұрын
Poor people don't matter in America. Only the rich and members of the tribe.
@izzyci
3 ай бұрын
tribalists
@genepires9394
4 ай бұрын
So homes are more affordable where people make peanuts... real insight
@franknewman1587
4 ай бұрын
Let’s just talk about how much money I’m making from selling these houses 😂
@russianfool1
3 ай бұрын
stop trying to sugar coat it sweety. young people are eff'd . why do you think they all stay at home at play video games. they've given up on life people.. . get with it.
@moozillamoo2109
4 ай бұрын
Crazy talk. Homes are very affordable, in Detroit.
@boristheamerican2938
4 ай бұрын
What did you expect the money channel to say?
@ninettehalpin2779
4 ай бұрын
Why is the press exclusively focused on young or 1st time home buyers? The older contingent of downsizers are in the same boat. They've sold homes to downsize & hoping to hold onto to some dry powder for their future aging needs. The number of them in the housing mkt is large & no one discusses this.
@TheNoticer83
4 ай бұрын
Because the older generations had so much privilege it isn't funny. A McDonald's worker could afford to buy a house in the 80s. The opportunities you older people had are so outrageous to younger generations that there just isn't any sympathy.
@ninettehalpin2779
4 ай бұрын
@@TheNoticer83 no ones asking for sympathy - just awareness. Without awareness no ones understanding the whole marketplace & who's in it
@TheNoticer83
4 ай бұрын
@@ninettehalpin2779 older people who own a home and are trying to downsize don't have to worry about interest rates because they would just buy with cash from selling their home. Sell a 400k home and buy a 200k home. Or sell a 200k home and move to a 100k area. Younger, 1st time buyers don't have that luxury. We don't have a bigger house that we can sell to pay for a smaller one. Maybe that's why no one gives a crap about whatever hardships boomers are claiming.
@dinosaurdude5668
4 ай бұрын
Nothing new. I left my blue state I grew up in, moved south in 2004 due to housing prices.
@MeganWall1019
4 ай бұрын
“You need to move to the Midwest.” “Okay boss will you let me work remote?” No!
@VideoGamera
4 ай бұрын
Govt doesnt really care.
@russianfool1
3 ай бұрын
yea ths country friggin sucks now. I give up on life. never gonna be able to afford a house or rent , cant afford a girlfriend, wife, or kids. i'm done
@rein3684
4 ай бұрын
This is why I’m probably going to move to the Philippines or a low cost of living country.
@jon5756
4 ай бұрын
Starting to sound like 2007 right before 2008 crash… they where saying the exact same thing
@fuzzyspackage
4 ай бұрын
Stay tuned for part 2🤣
@GringoAzteco
4 ай бұрын
Bingo 🎯
@blongshanks77
4 ай бұрын
The Feds have been trying to crash the housing market(since that’s one of the biggest parts of the CPI) for 2 years now, and they haven’t been able to do it. The issue is supply, and there’s nothing the Feds can do about an extreme housing shortage here in the United States. Ironically, by keeping rates high, they’re actually helping to keep inflation from a housing standpoint high since the housing market has almost slowed to a halt. The scary thing is once they lower rates, the home values will go up more due to the inevitable increase buyers and sellers, who will in turn will in turn bid the home prices even higher.
@drKennedy
4 ай бұрын
@@blongshanks77the FED is certainly not trying to crash the housing market. Not at 7% for a 30 year. I think they are going to 8%+ next year, which should clear out all investors, flippers, and housing scammers.
@Clickbait540
4 ай бұрын
@@drKennedyI’m betting on 3-4% by November
@MichaelChengSanJose
4 ай бұрын
There are tons of first time home buyers in San Jose. I work with them as they’re my specialty. They don’t like paying $1.5M for a starter home but with their $400-500K base income, they can easily afford it. Also, as much as I benefit from the relentless scare tactic in the news about buyers being priced out, I think we’re going a bit too far. It’s not that bad and buyers don’t have to panic buy, at least not yet.
@therealcoachross
4 ай бұрын
$1.5 Million dollar “starter” Home? Geeeshh I think you solved the problem!! 🥴😅
@davidcarp5935
4 ай бұрын
what companies pay 400k 500k yeah california is higher wages but thats crazy, and my guess is you're going to shock me by saying middle or lower management.... or more shocked if lower level than that
@davidcarp5935
4 ай бұрын
per google "The median salary in San Jose, CA is $113,100, with 80% of salaries falling between $43,500 and $217,500." can't see young people being the 10% over 217k or 10% under 43k... well maybe the latter
@MichaelChengSanJose
4 ай бұрын
@@davidcarp5935As usual, it’s the top 10% buying all the houses and it’s usually the young tech engineers pulling $200-250K each. So a couple can easily pull $400-500K to buy a house.
@MichaelChengSanJose
4 ай бұрын
@@davidcarp5935Oh, I’m referring to typical starting salaries for young people in their late 20s. Each person would make $200-250K so a couple can pull $400-500K to buy a starter home. $400-500K is lower to middle management. More senior managers get around $1M. VPs and higher get a lot more.
@dianatan2727
4 ай бұрын
Sad
@austinshannon4197
4 ай бұрын
Jim brown REMAINS the NFL GOAT
@treystr
4 ай бұрын
Study Bitcoin
@andrewpeter8890
4 ай бұрын
No improvement here in Phoenix. Starter homes have gone up significantly in past few months. Around $350/sqft now.
@jimbeam4111
4 ай бұрын
Urban Housing and Community Reinvestment Act. That’s all you need to understand of why the US housing market is in the situation it is. Housing values and prices should reflect the wages of the area.
@Bradgilliswhammyman
4 ай бұрын
I'm sure Becky is in the top 10 or top 5 percent of earners.
@joesherry0218
4 ай бұрын
Top 1% guaranteed.
@AKAAAK
4 ай бұрын
Sorry GenZ 👋. Guess it's time to ask mom & dad to move back in 😮. Incomes going up rotfl 😂. $250k tent on a sidewalk in CA.
@JohnRymsza-s5u
4 ай бұрын
This is directly attributable to the Fed keeping interest rates high. People who own homes don't want to sell and get into a higher mortgage rate. So there are less homes on the market, thus driving up the prices. And if you do buy, you pay more because of the rates. Everything costs more because of the high interest rates and it is hurting Americans. If the Fed would drop the rates it would make everything more affordable.
@zwatwashdc
4 ай бұрын
Low interest rates is how we got here. Lower them now and prices will go straight up.
@nathanielcarreon5634
4 ай бұрын
Am sure it affects young people only. lol
@Andre1CustomShoes
4 ай бұрын
I never understood why people are afraid of moving to another state
@Jcakiiiii
4 ай бұрын
I don’t understand how people don’t understand it is a nationwide problem.
@kylefabbro171
4 ай бұрын
@@Jcakiiiiiexactly
@joesmith3590
4 ай бұрын
It’s not move to Iowa.
@Andre1CustomShoes
4 ай бұрын
@@Jcakiiiii yes everyone needs to understand that Biden did this all by himself. On another note, if you don’t make 6 figures income you shouldn’t be in California or New York. But people are not that bright. 🤷🏻♂️
@huynguyentoantin
4 ай бұрын
@@Jcakiiiii but it is not uniform over states
@newtec-kd6vy
4 ай бұрын
This should be all trump says
@tonygarcia2591
4 ай бұрын
Interest rates go up in september lol
@monkeyloven
4 ай бұрын
#recession
@Jwdude123
4 ай бұрын
Trump 2024!
@Nickgyw6
4 ай бұрын
Entry level housing (under $1500 a month) where I live is a 200 square foot wooden hut in someone’s backyard as an Air BnB rental
@dylangrindstaff7995
4 ай бұрын
You want to buy a home, serve your country and earn the access to a Veteran Affairs home loan
@3up3down.
4 ай бұрын
Try living in Canada….affordability is much worse here by a mile. Let’s go Trudeau! Let’s go Brandon!
@i_i8924
4 ай бұрын
Housing Voldemort joins us to discuss Muggle/Wizard relations. She will no doubt keep an open mind in this unbiased discussion.
@LastDays77
4 ай бұрын
And I have companies emailing me regularly trying to buy my home. Companies are buying them up and only going to make it worse.
@bobbobertson7568
4 ай бұрын
Another benefit of mass migration. Higher housing costs
@pauldietzmann5610
4 ай бұрын
Greedy greedy seller LOOKED AT NEW TOWNHOME IN 2019 IT WAS PRICED AT 199999 NOW ITS 320000 AND THE INTEREST RATE WAS 5% TO 6% IN 2019 AGAIN GREEDY GREEDY SELLER
@whyjustwhy2168
4 ай бұрын
I don't trust her
@nibius2009
4 ай бұрын
Same situation in Europe folks, if you're young and in Prague, christ be with you unless you inherit something or are very high earner
@haloforgeguy453
4 ай бұрын
Complainers!!!! Move to where you can afford
@KK-pm7ud
4 ай бұрын
Its fine. They can rent. It's not a right to own a house.
@shellrie1
4 ай бұрын
I think an option young people may want to look into are mobile homes. It's not glamorous, but it's a way to get started. In the southeast US, you can buy a basic mobile home on a lot for around 100k. Rent a room out to a buddy and build up some equity over a few years. Then sell and leverage your equity to get into a traditional starter home. May not be for everyone but may help some people get started.
@wk4240
4 ай бұрын
That's not an option, that's settling for less. Housing is just too high for too many, and an adjustment is required.
@BTCforce
4 ай бұрын
Get a proper degree that actually makes u $. Liberal studies, women’s studies, ethnic studies yield $0. Marry well
@SIGNALFREQ
4 ай бұрын
Hey!!! I have a liberal studies degree 😅
@samwalton4598
4 ай бұрын
Congress needs to pass a law outlawing institutional money from buying single family homes. Private equity money has ruined the market and is the main driver behind price escalation and it all started back in 2009 post banking collapse. And now it’s a market they continue to manipulate. This needs to stop.
@PG-tc6os
4 ай бұрын
Joe really did it 😂😂
@twyscape
4 ай бұрын
No. This crisis started a long time ago when Joe was not in power.
@JoseCastro-wb4ob
4 ай бұрын
Prices gonna go up when the rates come down in the next 2-3 months so yall better get in now and refinance later before the inventory gets bought up
@JeremiahShafer
4 ай бұрын
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