What's Your 1 More?
What's Your 1 More?
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What’s Keeping Homeowners from Selling in Today’s Market!?
What’s really freezing the housing market, and how does it impact you?
In episode 208, we dive deep into the concept of "frozen homes" and the impact this trend is having on today's housing market. With affordability at an all-time low and inventory still tight, homeowners are finding themselves locked in-unable to sell their homes due to rising costs and low-interest mortgages. Quinton explores why many current homeowners are staying put and how this “frozen” state is contributing to the housing market's ongoing challenges.
Quinton also breaks down key data, including the rise in mortgage-free homeowners, and how supply and demand issues are intensifying. From a historical perspective on interest rates to the future of homeownership trends, this episode gives you a comprehensive look at the forces shaping today’s real estate market.
[00:00] - Introduction and Knoxville Trip Recap
[01:35] - The Concept of Frozen Homes and Affordability Issues
[04:12] - Inventory Challenges and Generational Homeownership Trends
[06:30] - The Impact of COVID-19 on Home Prices and Supply
[07:49] - Rent Prices, Mortgage Rates, and the Lock-In Effect
[09:45] - Why 40% of Homeowners Are Mortgage-Free
[12:04] - What Interest Rates Will Unlock the Housing Market?
[14:50] - How Supply May Shape the Future of Homeownership
Key quotes:
"Homeowners today are frozen out of buying a new home due to affordability." - Quinton Harris
______________________
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มุมมอง: 5

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ความคิดเห็น

  • @Terry-n4d
    @Terry-n4d 4 วันที่ผ่านมา

    DEMOCRATS LIE WITH EVERY BREATH THEY TAKE 💁

  • @liquidsleepgames3661
    @liquidsleepgames3661 5 วันที่ผ่านมา

    I think Starbucks loosing money is more of a fact that theres a bucks on every corner sometimes right across and they are now facing what all corporations face when they allow for uncontrolled franchise expansion. In my town pop. of under 15k there are 3 caribou 4 starbucks and a Dunkins and 2 non corporate coffee shops and an additional 2 that went belly up during the pandemic. Safe to say the market is oversaturated with bean water.

  • @JanieceWebb-ox2ix
    @JanieceWebb-ox2ix 5 วันที่ผ่านมา

    We have the best economy in the world!!!

  • @bartholmligature4992
    @bartholmligature4992 5 วันที่ผ่านมา

    Best advice to Kamala: Drop out, you loser, no one likes you. Those who claim they do, are partisan idiots who don’t know anything about her.

  • @Know_108
    @Know_108 6 วันที่ผ่านมา

    What do you mean!!???? Is there an interest rate going below 5%?

  • @mikesawtell9184
    @mikesawtell9184 6 วันที่ผ่านมา

    Inflation is lowest its been in 4 years. We are not headed for recession. Harris will further target big companies who are gouging the public. Trump Tarrifs will make things MORE costly. And tax cuts for the rich will make deficit bigger.

  • @Beanmaster73
    @Beanmaster73 6 วันที่ผ่านมา

    Groceries are up because major chains are gouging us. That's why.

  • @johnsichler6112
    @johnsichler6112 9 วันที่ผ่านมา

    That’s why “They “ imported 10 million replacements

  • @AlexandarSterling
    @AlexandarSterling 9 วันที่ผ่านมา

    77%?! Go to university they said, get an education they said… These days manual labourers - because of their unions - are paid more. Is that really the best incentive and message? Work less hard because an education isn’t worth it?

  • @alyssaalmanza8245
    @alyssaalmanza8245 11 วันที่ผ่านมา

    Thank you for this video. I am a newly conservative (previous liberal) who is trying my best to understand everything and this made total sense. You have no idea how much you are helping right now so I thank you ❤

  • @cortholiopezorama8879
    @cortholiopezorama8879 11 วันที่ผ่านมา

    Maybe learn a skill beyond move thing from point a to point b?

  • @bluehawkfire55
    @bluehawkfire55 12 วันที่ผ่านมา

    What I learned: Fed guy wants 100 doves.

  • @IdanZ-x6y
    @IdanZ-x6y 13 วันที่ผ่านมา

    It is already a recession and high unemployment. What about the ten percent of men ages 25-50 that dont even register themselves as Unemployed. Great talk!

  • @jacktastick
    @jacktastick 17 วันที่ผ่านมา

    The olds sold our future to china.

  • @cinepost
    @cinepost 17 วันที่ผ่านมา

    So what is your point?

  • @papapsych2746
    @papapsych2746 18 วันที่ผ่านมา

    The reason their business model is legal in the first place is because Registering a car and having a Drivers license is a a For hire tax on commerce that the government has passed off as a legal need, just like the Income Tax.

  • @Talorthain
    @Talorthain 19 วันที่ผ่านมา

    shame uber customer service is shit... I dont use UBER anymore... they have the 'customer is always wrong' attitude.

  • @spalahang
    @spalahang 19 วันที่ผ่านมา

    As baby boomers move into retirement and next stages in life, those homes go into the market. I bought my home from an old lady who passed. Even though I agree to never give up on dream of homeownership, it’s not the best time to buy

  • @channelpink4376
    @channelpink4376 21 วันที่ผ่านมา

    Assuming all the millennials who want to buy can afford any of the "low supply" to begin with, is flawed IMO. People can hold on to this "low supply" all they want. If the majority of the buyers are only fighting over the lower priced half of the low supply, the higher priced homes are going to have to come down with it or sit longer and longer on the market.

  • @MrAustanian
    @MrAustanian 22 วันที่ผ่านมา

    The topic is intriguing, but the data selection undermines the conclusions. To assess if the market is in a bubble, current equity figures showing few underwater homeowners are inadequate. Similarly, using raw population data to gauge household demand is misleading-like asking high schoolers if they'd like a Porsche 911 Turbo, when almost no students have the means to acquire one. A better approach would compare mortgage payments across various housing prices with the portion of the population that can afford those payments. For example, a median household can afford a $420K mortgage at 3%, but only $300K at 6%, creating a financial barrier for many to upgrade homes without substantial equity. This supply squeeze inflates home values artificially, and will persist unless job losses force more homeowners to sell.

  • @KurtHokage
    @KurtHokage 22 วันที่ผ่านมา

    Just buy bitcoin

  • @frankrizzo9291
    @frankrizzo9291 22 วันที่ผ่านมา

    Why in your example do you not account for the baby boomers dying? They are dying at a rate of 2.6 million a year, which is expected to increase to around 4 million a year by 2037. If they have a 74% homeowner rate, then even if we use a 3 million a year death rate that will be 2.2 million homes a year. Now add in the 1.4 million homes a year we are building, you will be way over your 25 millions homes you estimate needed. This also doesn't account for deaths from people older than the boomers.

    • @picadosinferno
      @picadosinferno 22 วันที่ผ่านมา

      They probably assume Gen Y kids will go live on those houses, so those homes ain't hitting the market.

    • @frankrizzo9291
      @frankrizzo9291 21 วันที่ผ่านมา

      @@picadosinferno Even if they don't hit the market they still decrease demand because those people no longer need houses. It is just a major flaw in the guys argument. Oh and by the way, about 80% of all inherited houses go on the market.

  • @carloscorrada7241
    @carloscorrada7241 22 วันที่ผ่านมา

    Taxi cab drivers are financially imprisoned with six-digit debts and are largely not supported by Taxi Cab companies. For cities and short distances they are actually very ideal forms of transportation. But hey, glad Uber is here charging over $100 for a trip from JFK to Yonkers. Great content you're making here!

  • @AdrijaMandal-sp7eb
    @AdrijaMandal-sp7eb 22 วันที่ผ่านมา

    CRX-Cortux coin is an ICO gem!

  • @JevonGrant-el9by
    @JevonGrant-el9by 22 วันที่ผ่านมา

    My top pick for bull run KAS, SOL, Cortux (CRX).

  • @LeonieMary-tk9bk
    @LeonieMary-tk9bk 22 วันที่ผ่านมา

    5k I've just invested in Cortux is going to make me a millionaire. Let's go!!

  • @JoshSharamitaro
    @JoshSharamitaro 22 วันที่ผ่านมา

    I can see Cortux hitting $5 easily not long after launch.

  • @rasmusjensen-fh3tr
    @rasmusjensen-fh3tr 22 วันที่ผ่านมา

    I'm betting big on Cortux - a project with enormous potential. Can't wait to see it take off!

  • @JessicaChan-gm4kn
    @JessicaChan-gm4kn 22 วันที่ผ่านมา

    I believe Cortux is guaranteed to be a 100x.

  • @KellySpeaksTruthuecbvwr
    @KellySpeaksTruthuecbvwr 22 วันที่ผ่านมา

    Dude, last year I got some crazy gains: 50x on Kas and it's still growing, 15x on INJ, and 20x on Pepe (I got out way too early). Folks, forget about Dyno Coin. Do your own research (DYOR) and invest in new projects. My next bet is Cortux. Time will tell if I was right.

  • @melissacamacho-bv4ox
    @melissacamacho-bv4ox 22 วันที่ผ่านมา

    My last 100x was with Pepe because I got in early. Now, I’m putting everything into Cortux. After diving into their whitepaper, I'm confident this is my next 100x.

  • @LouisClark-iu9wn
    @LouisClark-iu9wn 22 วันที่ผ่านมา

    Cortux presale seems like a golden opportunity to be part of the next big thing in fintech.

  • @JohnAnaloh-tj6jp
    @JohnAnaloh-tj6jp 22 วันที่ผ่านมา

    We all know presales are risky, but the gains on those can be insane. I've just put a few thousand in Cortux. If I lose, that's a bummer, but if I win, I will be a millionaire by next year.

  • @a64738
    @a64738 23 วันที่ผ่านมา

    I have been waiting for the housing cost bobble to burst since year 2000... Already then it had been going up 10% every year for 15 years or so here. And since then it has been going up up and more up and we had no crash in 2008.

    • @xlol2429
      @xlol2429 22 วันที่ผ่านมา

      Just a question why do you think we had no crash of the housing market in 2008 is it just a perspective thing like compared to what’s going to happen in your opinion is gonna be worst than 2008 or did a housing crash not just happen

  • @sparkybob1023
    @sparkybob1023 23 วันที่ผ่านมา

    Well . Bitcoin is a mystery 2

  • @jacktastick
    @jacktastick 23 วันที่ผ่านมา

    The only people who can afford houses right now are the elderly. If you're good at dealing with old people you'll sell a lot.

  • @irishpastry3534
    @irishpastry3534 25 วันที่ผ่านมา

    Love Bobby and Veda❤

  • @JaxVideos
    @JaxVideos 27 วันที่ผ่านมา

    Not QE; it is just plain old (pre-2008) monetary policy.

  • @JaxVideos
    @JaxVideos 28 วันที่ผ่านมา

    If you think the flow of information surrounding the Fed is benign, market-stabilizing, public service, you need to examine the mechanics more closely. To be clear: lowering the interest rate by 50 basis points means that the Fed will raise its bid for the debt instruments it purchases. Where else in business does a buyer telegraph that he will be happy to pay more to buy the same thing? Do you do that on the used car lot? No. In the bond market the action to be had around such rumors and news is what we call "front-running"--buying at the pre-rumor price so that you profit by selling to others who can be confident they'll be able to sell to the Fed or some equivalent once the new policy is official. That buying pressure raisez the bond price independent of the Fed and ensures thay when they do buy, they look like they're getting fair market rates. In fact they're mainly enriching those who're insiders to this bond speculation specialty. This is nothing new. In June 1929, Charles Hamlin (1st Fed Chairman) disclosed two detailed scenarios for interest rate changes to a roomful of vacationing NY bankers up in Bangor, ME. Then, in a telling *wink* he quoted from a British paper's opinion column that called for the Fed to pop the stock market bubble brewed during the 'Roaring Twenties.' His second scenario then played out like clockwork during the Fall and into the October '29 crash that set the Great Depression in motion. Raising the discount rate and inverting the yield curve is murder to most bank's operating procedures. The bankers in that room survived, by '32 a great many others had failed. You are describing a blood sport. Do not put too much lipstick on these pigs.

  • @apfelfreund6859
    @apfelfreund6859 หลายเดือนก่อน

    Or the got old: fewer jobs, more profits... Not like apple doesn't invest in automation and Ai for no reason lol

  • @faislooYT
    @faislooYT หลายเดือนก่อน

    Keep blaming everything except capitalism

    • @apfelfreund6859
      @apfelfreund6859 หลายเดือนก่อน

      Yeah... the profit maxing is totally innocent here!

  • @dylandrew6071
    @dylandrew6071 หลายเดือนก่อน

    Because nobody is buying the new same as before iphone, whatever number they are on now.

  • @charlessagide9287
    @charlessagide9287 หลายเดือนก่อน

    The fed needs to go

  • @HanulSkywalker
    @HanulSkywalker หลายเดือนก่อน

    Chat gpt is telling me: The BLS does not simply “make up” jobs; it uses statistical methods to estimate changes based on past patterns. The CES sample and the Birth-Death Model could be affected by incorrect assumptions, but the impact of shell companies specifically on the data is likely minimal. Regular benchmarking with more complete datasets like the QCEW helps correct any errors from these assumptions.

  • @mohammedaqeeb9220
    @mohammedaqeeb9220 หลายเดือนก่อน

    500 700 week then get taxed onnit we should all riot the givermtst ssyingur not allowed to grow ur own fruits raise ur own animla dbackyard scooter chesck bills for bs

  • @jacktastick
    @jacktastick หลายเดือนก่อน

    The elites have been skinning labor for decades. That's why workers don't give a crap anymore. You can see it from construction to food to tech.

  • @Feldubb
    @Feldubb หลายเดือนก่อน

    Stop, not even close to the highest level ever if you use Apple to Apple comparisons. The only important thing in dropping rates are “where is inflation” better? Drop the rates. Things like 9/11 aside.

  • @247Therocker
    @247Therocker หลายเดือนก่อน

    Vijay has deep pockets. He’s made almost $75 million over his career

  • @bririch7
    @bririch7 หลายเดือนก่อน

    It would be cool if someone with deep pockets saw Vijay's comments and took over the course.

  • @jameshall-r2u
    @jameshall-r2u หลายเดือนก่อน

    Voters need to know that when the U.S. puts tariffs on products it is the people of U.S. that pat those tariffs not the country sending the products to the U.S. Trumps Tariffs would cost U.S. about $1600 per person per year

    • @duarteleonardo8352
      @duarteleonardo8352 หลายเดือนก่อน

      Hmm, how so? You mean because the imported products will be more expensive?

    • @jameshall-r2u
      @jameshall-r2u หลายเดือนก่อน

      @@duarteleonardo8352 yes the tariffs are added to the price of the products

    • @duarteleonardo8352
      @duarteleonardo8352 หลายเดือนก่อน

      @@jameshall-r2u but then doesn't that give an incentive for people to start their own businesses locally, and for people to buy more national products?

    • @jameshall-r2u
      @jameshall-r2u หลายเดือนก่อน

      @@duarteleonardo8352 yes tariffs are to encourage buying "made in USA" but if your having a tough time now you wont survive with1600 per person per year

    • @duarteleonardo8352
      @duarteleonardo8352 หลายเดือนก่อน

      @@jameshall-r2u so that's where the government should step in and maybe give some financial aid to new business starters and cut a lot of other subsidies that make no sense and increase taxes.