The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
We need to incentivize building, reduce legal red tape, push investors out, get rid of tax deductions on home ownership outside of primary units, and upzone in major cities if this is to be affordable again.
Never going to happen voluntarily because the local govt are jsut happy milking the tax the higher the real estate value. they dont care who wil buy it or what is use for. The main reason why price all high is the loan limits set by all the presidents.
or just stop allowing banks and WS to financialize homes as assets instead of its original intent used as a utility. a house is a home. money growth is driving housing inflation. there is no deference when eggs prices go up vs home appreciation.
@@chrisaycock5965 its a double edge sword if you also pull liquidity from the housing market. 70% of americas wealth is in their primary residence. i highly doubt boomers would want their net worth rewind back to prior Nixon and off gold standard? deflation in a debt system is also as bad. congress will never go against WS. they are useless the best way to combat for younger gen is not take from the boomer gen but to devalue their assets by buying assets that inflate faster than housing so if you measure against those assets, housing is actually collapsing vs measuring in USDs. this way, the govt can still devalue and inflate the system and shield the next generation from boomers mistakes.
People have to say goodbye to low rates? No. Unless you have to move then you don’t have to. I’m at 2.0% - my interest is $400 per month. If I were to buy the exact same house today then I’d pay about an extra $800 per month in interest - an extra $800 just in interest or $9,600 per year. Another thing overdue for a correction is realtors. Many have already gone after the selling agent commission and gotten them down to 1.5% but the buyers agents are still at 3.0%. The median home price is over $400k so that means you’re paying over $12k - just the buyer’s agent - to have them call the selling agent to look at a house that their clients already found online by themselves and decided they want to look at it.
@@caracaraorange9524 No. Absolutely not. My rate, along with anyone who refinanced during 2020/2021 is so low that it doesn’t make any financial sense to give it up unless you absolutely have to move. There is also no incentive to pay it off early. Even a high yield savings account is paying over 4% right now so I would be losing money if I made any extra payment right now. No one wants to see their home value actually drop but it doesn’t actually help anyone when home values are rising at the rate they have been unless you’re going to sell. My house is worth more than it was when I bought it and that’s great on paper. But I’m not selling so the only thing I’m actually doing is paying 25% more in property taxes.
Me: wow, it would be nice if some people would sell their properties and give the buyers a chance. Also me: I've got my 3.6% rate and I'm not selling any of my houses.
Or it'd be nice for people to stop owning multiple properties and let people that don't own anything to have a more fair chance. You are gonna be the reason "we will own nothing and be happy" except I won't be happy. I'll be very annoyed
What possible need could you have for owning multiple homes? This is part of the problem. A home is supposed to be just that, a home for people to live and grow in. Not to be used an investment.
@@TheJimmy144 I built two of my houses, which means that I did not subtract from the supply. To do so, I repatriated $500k that I have earned overseas to give jobs to those workers and suppliers who made the construction possible. My elderly parents, who have nothing but social security, live in one while the rent from the other covers the mortgage of both places. If you think that investing that money into mutual funds or keeping parked in a foreign bank was a better Investment, then you are free to think so.
Низьки відсотки іпотеки спричинили подорожчення житла, добре буде, якщо ціні просто не будуть рости. Люди просто почнуть не купувати нерухомість а знімати в оренду.
Back in 1984 my parents bought a house and the interest rate then was something like 14% and they went with an adjustable and it worked in their favor- idk if I would ever do that
@@risner0816 it is pretty ridiculous. Yeah there's no way you are able to save up for a home nowadays with a 50k salary especially with a family. I think foreign investors and overall large domestic investment groups are buying up homes cash and that is hurting the prospects of locals being able to buy a home. These investor groups are even starting to price themselves out of desirable areas and are starting to creep into low income neighborhoods now too.
The simple solution who sold the house in the past 2and 1/2 years after COIVD should pay 20% of tax from the house selling and give to the buyer. That will quick fix for the housing market and sellers will learn the hard lessons!! It’s a criminal the government should act quickly to normalize the house market some area still over priced I saw 1 house property history sold in 2015 487k 2017 sold 430k 2029 sold 517k in 2023 sold 815k most house in this area the same tragedy!! We can imagine the people who bought 815k going through UNBELIEVABLE it’s a criminal. The government should save the working families lives 🛑🛑🛑🛑🙅🏼♂️🙅🏼♂️🙅🏼♂️🙅🏼♂️
Seller listing the houses with 2022 property tax hiding the 2023 property tax which is at least 1000k more than 2022 tax!!! Be careful buying. The property tax will be the assessed by the amount of purchase price 🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️
I never thought I would vote for Trump until Biden created the worst housing unaffordability issue we’ve ever seen by creating this bubble with ultra low interest rates
@@bpower2009 yes, but he contributed to inflation significantly by forcing Jerome Powell to cut interest rates by threatening to fire him. If he tried to do that again, inflation would go to the moon. Definitely don’t trust Trump to handle the economy after that. I really wanted to vote Republican this year, but if Trump’s the nominee, not a chance!
Nope. Wrong. I will tell you what happened 1st day with Biden in office my gas bill for unleaded gas to drive to work went from 20 dollar full tank in a mod size suv to 60 dollars it more than doubled. Anyways the guy above is right. 4 years of trump is not enough we need 24 years of trump at least.
the rates are moderate, people got addicted to free money and now that its priced, they believe the rates are high. back in the late seventies rates were in the teens, THAT is high. 6%, 7%, those rates aren't high at all. the wall street investor groups aren't going to start selling the thousands of rental properties in their massive portfolios because if they did they would no longer be sucking in the billions of dollars they are making to both recoup their spending, and finance their FUTURE purchases. there aren't enough construction workers to produce new homes fast enough as well. home prices aren't coming down, EVER. rates don't matter that much, unless they rise from where they are now. that ain't happening. don't buy a condo though.
All investors pushed out of the market. Including small investors because they make up now 90 percent of the market since big guys i heard were kicked out hedge funds black rock etc. make it so affordable that even the poor can afford a house not need to scratch by in a moldy apartment. Watch people not have babies due to poverty.
Tell her to please pray for prideful women's rights and thy redundancy friends and sisters who will always remember your help with everything you poor old pooky loves you creams and your family of all prideful women's health care insurance are filing for bankruptcy and homeowners insurance may filing bankruptcy and car insurance companies are filing bankruptcy
Real estate investment losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.
The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
investment requires good experience and adviser to carry out a good and successful trade, I have lost a lot trying to trade all by myself..
To achieve greatness, you need to start working with a Financial Adviser. Investing remains the smartest way to prepare for the future.
Thanks for the efforts you put in these. I find her and i leave her a message.
Thanks for the efforts you put in these. I find her and i leave her a message.
Real estate investment losing money is story to my ears. They are a major reason why the real estate market is the way that it is now.
how do I get in touch with the adviser i really need a help..
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Did I hear that right????!!! Encouraging adjustable rate mortgages! That is gambling with families homes!
DO NOT BUT A HOUSE WITH ADJUSTABLE RATE!!!!!
I cringed when the reporter said a mortgage with an adjustable rate might be a good option .
Legit made me stop watching.
Same! Horrible advice!
Someone paid for his Disney world trip with that one line 😂
Right? Imagine getting an ARM in 2021 and then watching your beautiful 2.5% rate go to 8%.
We need to incentivize building, reduce legal red tape, push investors out, get rid of tax deductions on home ownership outside of primary units, and upzone in major cities if this is to be affordable again.
Never going to happen voluntarily because the local govt are jsut happy milking the tax the higher the real estate value. they dont care who wil buy it or what is use for. The main reason why price all high is the loan limits set by all the presidents.
or just stop allowing banks and WS to financialize homes as assets instead of its original intent used as a utility. a house is a home. money growth is driving housing inflation. there is no deference when eggs prices go up vs home appreciation.
and inflation only comes from one place....GOVT
That was my point in getting rid of tax deductions outside of primary homes and creating a law to keep investors out.
@@chrisaycock5965 its a double edge sword if you also pull liquidity from the housing market. 70% of americas wealth is in their primary residence. i highly doubt boomers would want their net worth rewind back to prior Nixon and off gold standard? deflation in a debt system is also as bad. congress will never go against WS. they are useless
the best way to combat for younger gen is not take from the boomer gen but to devalue their assets by buying assets that inflate faster than housing so if you measure against those assets, housing is actually collapsing vs measuring in USDs.
this way, the govt can still devalue and inflate the system and shield the next generation from boomers mistakes.
People have to say goodbye to low rates? No. Unless you have to move then you don’t have to. I’m at 2.0% - my interest is $400 per month. If I were to buy the exact same house today then I’d pay about an extra $800 per month in interest - an extra $800 just in interest or $9,600 per year. Another thing overdue for a correction is realtors. Many have already gone after the selling agent commission and gotten them down to 1.5% but the buyers agents are still at 3.0%. The median home price is over $400k so that means you’re paying over $12k - just the buyer’s agent - to have them call the selling agent to look at a house that their clients already found online by themselves and decided they want to look at it.
What if there is a price war and a newly constructed home is worth less than what you have. Will you move?
@@caracaraorange9524 No. Absolutely not. My rate, along with anyone who refinanced during 2020/2021 is so low that it doesn’t make any financial sense to give it up unless you absolutely have to move. There is also no incentive to pay it off early. Even a high yield savings account is paying over 4% right now so I would be losing money if I made any extra payment right now. No one wants to see their home value actually drop but it doesn’t actually help anyone when home values are rising at the rate they have been unless you’re going to sell. My house is worth more than it was when I bought it and that’s great on paper. But I’m not selling so the only thing I’m actually doing is paying 25% more in property taxes.
@spades9048, yeah that’s exactly the only thing buyer agents do… 🙄
Dude recommend adjustable rate mortgage. Hahaha
Austin and Boulder are fringe locations?
They’re “off the grid” and have a “small town vibe” 😅
Housing prices aren’t expensive enough. $1 million condos or no deal
Me: wow, it would be nice if some people would sell their properties and give the buyers a chance.
Also me: I've got my 3.6% rate and I'm not selling any of my houses.
😂 so true. That’s most of us right now.
Or it'd be nice for people to stop owning multiple properties and let people that don't own anything to have a more fair chance. You are gonna be the reason "we will own nothing and be happy" except I won't be happy. I'll be very annoyed
What possible need could you have for owning multiple homes? This is part of the problem. A home is supposed to be just that, a home for people to live and grow in. Not to be used an investment.
@@TheJimmy144 I built two of my houses, which means that I did not subtract from the supply. To do so, I repatriated $500k that I have earned overseas to give jobs to those workers and suppliers who made the construction possible. My elderly parents, who have nothing but social security, live in one while the rent from the other covers the mortgage of both places. If you think that investing that money into mutual funds or keeping parked in a foreign bank was a better Investment, then you are free to think so.
Rates need to increase. These prices are unaffordable. If the house prices go up when the rates come down, idk how people are going to afford them.
I get all my financial advice from the Today Show 😳
😂
Troy, MI is the best place to buy.
It’s not the rates. It’s the prices lol. She has no clue how hard it is for the middle class to afford a house
Absolutely
I disagree with all of that, at least in my region. 😊
Buffalo, NY is the #1 projected place to buy in 2024 on Zillow.
Низьки відсотки іпотеки спричинили подорожчення житла, добре буде, якщо ціні просто не будуть рости. Люди просто почнуть не купувати нерухомість а знімати в оренду.
Smh at pushing the AMRs.
No Phoenix. No Las Vegas. Interesting.
The Bank will be responsible for any foreclosures they should not appraising the overpriced 🙅🏼♂️🙅🏼♂️🙅🏼♂️
Who can afford a home today?
I have already told my son that I will help him with a down payment. Otherwise, he might not get into a place.
No One 1️⃣👿
Did the reporter just recommend an adjustable rate?
And why did the other lady talk like prices aren't still at 140% the prices we saw before 2022?
Sellers won't be selling in mass. Rent will continue to rise. Inventory will continue to be low
1.7 million homes under construction. You people are DELUSIONAL
@@Amrknegypt 1.7M is nothing when we are down 5 million in the most conservative estimates.
@@Amrknegyptnew homes are much more expensive than older houses
Back in 1984 my parents bought a house and the interest rate then was something like 14% and they went with an adjustable and it worked in their favor- idk if I would ever do that
Please let it go down
yeah right lol not gonna happen
Housing market is not coming down. Never listen to the crash bros!
Please stop moving to Texas 😭
And Florida 😅
And San Diego
Fake news on inventory.
That's what I think as well
@@risner0816 it is pretty ridiculous. Yeah there's no way you are able to save up for a home nowadays with a 50k salary especially with a family. I think foreign investors and overall large domestic investment groups are buying up homes cash and that is hurting the prospects of locals being able to buy a home. These investor groups are even starting to price themselves out of desirable areas and are starting to creep into low income neighborhoods now too.
The simple solution who sold the house in the past 2and 1/2 years after COIVD should pay 20% of tax from the house selling and give to the buyer. That will quick fix for the housing market and sellers will learn the hard lessons!! It’s a criminal the government should act quickly to normalize the house market some area still over priced I saw 1 house property history sold in 2015 487k 2017 sold 430k 2029 sold 517k in 2023 sold 815k most house in this area the same tragedy!! We can imagine the people who bought 815k going through UNBELIEVABLE it’s a criminal. The government should save the working families lives 🛑🛑🛑🛑🙅🏼♂️🙅🏼♂️🙅🏼♂️🙅🏼♂️
Seller listing the houses with 2022 property tax hiding the 2023 property tax which is at least 1000k more than 2022 tax!!! Be careful buying. The property tax will be the assessed by the amount of purchase price 🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️🤦♀️
it will go up forever obviously.
I never thought I would vote for Trump until Biden created the worst housing unaffordability issue we’ve ever seen by creating this bubble with ultra low interest rates
Didn't mortgage rates decrease at the end of Trumps presidency though...
@@bpower2009 yes, but he contributed to inflation significantly by forcing Jerome Powell to cut interest rates by threatening to fire him. If he tried to do that again, inflation would go to the moon. Definitely don’t trust Trump to handle the economy after that. I really wanted to vote Republican this year, but if Trump’s the nominee, not a chance!
Nope. Wrong. I will tell you what happened 1st day with Biden in office my gas bill for unleaded gas to drive to work went from 20 dollar full tank in a mod size suv to 60 dollars it more than doubled. Anyways the guy above is right. 4 years of trump is not enough we need 24 years of trump at least.
While these housing prices are ridiculously stupid, pay off debt, save, and travel (if you can) .
Why did you have to move infront of a new tv in order to say all of thatm
the rates are moderate, people got addicted to free money and now that its priced, they believe the rates are high. back in the late seventies rates were in the teens, THAT is high. 6%, 7%, those rates aren't high at all. the wall street investor groups aren't going to start selling the thousands of rental properties in their massive portfolios because if they did they would no longer be sucking in the billions of dollars they are making to both recoup their spending, and finance their FUTURE purchases. there aren't enough construction workers to produce new homes fast enough as well. home prices aren't coming down, EVER. rates don't matter that much, unless they rise from where they are now. that ain't happening. don't buy a condo though.
Adjustable rate mortgages are a great idea!!??!!
crap here we go again.....worked so well 2008ish right!?????????????????????????????????????
enflation goes down eveything gies down,
2025 will be Great, after Trump takes office
Need congress to get involved with this not fair market and these dealship need to be fine.this way it will be less stress on banking systems
Definitely TRUE!! The government should take action!!!
yeah we're gonna see another 2008
In your delousional dream maybe 😂😂😂
All investors pushed out of the market. Including small investors because they make up now 90 percent of the market since big guys i heard were kicked out hedge funds black rock etc. make it so affordable that even the poor can afford a house not need to scratch by in a moldy apartment. Watch people not have babies due to poverty.
See how they move as they speak on different topics
Bad advice! “You can always refinance” if you can’t afford it now, you can’t afford it! Watch out for the trap.
“Boulder Colorado” 😂😂 good luck buying anything decent for under a million in Boulder..
An international group of forensic experts recognized crypto pyramids and crypto exchanges as the most common phishing scams
TOTAL crahp
please stop screaming at me at the end of the video kthnx
An arm will cost an arm and a leg
Realestate EXPERT / BROKER 😂😂😂😂😂
Tell her to please pray for prideful women's rights and thy redundancy friends and sisters who will always remember your help with everything you poor old pooky loves you creams and your family of all prideful women's health care insurance are filing for bankruptcy and homeowners insurance may filing bankruptcy and car insurance companies are filing bankruptcy
Who’s this chick, God?
Liars
😂😂😂