How Instagram Turned Real Estate Upside Down

แชร์
ฝัง
  • เผยแพร่เมื่อ 18 ธ.ค. 2024

ความคิดเห็น • 427

  • @business
    @business  3 ปีที่แล้ว +62

    Would you buy a house that you found on social media?

    • @falseinsignia
      @falseinsignia 3 ปีที่แล้ว +9

      yes.

    • @JESUSISGREATEST
      @JESUSISGREATEST 3 ปีที่แล้ว +3

      Absolutely, and there have been proof of people buying houses through social media claiming that it was a real estate agent who sponsored their desired property on TH-cam.

    • @WallyTony
      @WallyTony 3 ปีที่แล้ว +14

      Absolutely NOT

    • @arnaudmeert1527
      @arnaudmeert1527 3 ปีที่แล้ว +13

      Isn't the whole point of social media to show only the positive side and none of the negatives? Seems like a great place to buy a moneypit.

    • @runningfromabear8354
      @runningfromabear8354 3 ปีที่แล้ว +1

      I did buy a house I found on social media back in 2009. But we did go and see it in person before putting an offer in. We're still here and loving our house.

  • @surenderyadav7738
    @surenderyadav7738 3 ปีที่แล้ว +287

    ngl this could've been a 6 Minutes video tops.

    • @levelup1279
      @levelup1279 3 ปีที่แล้ว +17

      Exactly why I have AdBlock enabled, they make the videos long to get more ad revenue, so if everyone cuts out the ads the they'll be forced to switch to sponsorships & no longer be incentivized to make uselessly long videos.

    • @tamasberki7758
      @tamasberki7758 3 ปีที่แล้ว +24

      Rest of it is "how to make a normal topic, into a racial topic"

    • @chan_for
      @chan_for 3 ปีที่แล้ว +3

      10 minutes mark for money money

    • @charlieaydin1377
      @charlieaydin1377 3 ปีที่แล้ว

      Im 5 minutes and wondering why its still going. Turned to the comments and there you were

  • @SinclairA
    @SinclairA 3 ปีที่แล้ว +211

    It seems that every generation rediscovers DIY on their own.

    • @UltimateEntity
      @UltimateEntity 3 ปีที่แล้ว +5

      Common sense 🤷🏻

    • @pixelfairy
      @pixelfairy 3 ปีที่แล้ว +5

      Used to be taught in grade school to students 10 - 15 years of age. Maybe we should start that again.

  • @mmhoss
    @mmhoss 3 ปีที่แล้ว +263

    There is no way you're blaming Instagram for a decades-brewed housing supply crisis

    • @David-bh5le
      @David-bh5le 3 ปีที่แล้ว +22

      Fr. The current real estate market is unprecedented and anyone who blames it on "social media" has no idea what theyre talking about.

    • @TerryJulianLive
      @TerryJulianLive 3 ปีที่แล้ว +13

      thats literally nothing of what they said..

    • @spacecoyote6646
      @spacecoyote6646 3 ปีที่แล้ว +3

      Of course not. It's Obama's fault. 😉

  • @liligman
    @liligman 3 ปีที่แล้ว +309

    0:12 Elbows as if she’s worried about covid yet they both aren’t even wearing masks lol.

    • @carlamolina695
      @carlamolina695 3 ปีที่แล้ว

      It's valid if they aren't having close contact, do you wear a mask inside you house around your family?

    • @cream657
      @cream657 3 ปีที่แล้ว +37

      @@carlamolina695 the point is COVID is proven to hang in the air so masks are crucial to preventing spread

    • @Vim_Tim
      @Vim_Tim 3 ปีที่แล้ว +7

      Avoiding handshakes was around long before COVID-19, and there are plenty of other non-airborne diseases that can be avoided.

    • @naveygill1793
      @naveygill1793 3 ปีที่แล้ว +7

      @@carlamolina695 No its stupid. Id understand if both were wearing masks which makes sense since its an airborne disease but Covid doesn't spread by touch. Like if she's really worried then just wear a mask rather than being rude.

    • @I3orrovv
      @I3orrovv 3 ปีที่แล้ว +3

      @@carlamolina695 Your understanding of how SARS-COV-2 is transmitted is clearly lacking.

  • @arminvanbuuren883
    @arminvanbuuren883 3 ปีที่แล้ว +138

    Lol everyone leaving the city cause of lockdowns, forget that they're gonna get bored af in the suburbs when the pandemic's over....

    • @frostystallie8736
      @frostystallie8736 3 ปีที่แล้ว +36

      Unless you go out every night the city doesn’t offer that much. People will easily find ways to entertain them selves with the money they save.

    • @ShaudaySmith
      @ShaudaySmith 3 ปีที่แล้ว +6

      @@frostystallie8736 exactly.

    • @NicoleShanique
      @NicoleShanique 3 ปีที่แล้ว +32

      Right. Being an hour & a half away is great when everything is closed. That commute is gonna be a nightmare if they end up with a hybrid work schedule.

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว +5

      we are not bored yet -- we actually like it more!

    • @megamanx466
      @megamanx466 3 ปีที่แล้ว +8

      It all depends on why they left the city. Some people thrive on the city life and some don't... thus why the suburbs were made. It all depends on how social or asocial of a person you are.
      People need to see(walkthrough) a house or lot at least once though and do their research on the neighborhood. 😅

  • @draugrdraugr
    @draugrdraugr 3 ปีที่แล้ว +37

    Gives un due credit to Instagram instead of saying the internet has changed how people buy houses

  • @camcherry1496
    @camcherry1496 3 ปีที่แล้ว +167

    Did she just call Zillow “Zeelow”😂😂

    • @abcd123906
      @abcd123906 3 ปีที่แล้ว +13

      Literally a tenth of a second after she said that I said to myself "I bet that is one of the top comments, lemme go check", and sure enough!

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว +5

      @@abcd123906 who knew! I didn't even realize I said it this way.

    • @abcd123906
      @abcd123906 3 ปีที่แล้ว +5

      @@boydredux218 You’re the person in the video? 😄😂 yeah, no worries, I’ve made funny errors like that before too. For the longest time I thought it was “for all intensive purposes” instead “for all intents and purposes”

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว +9

      ​@@abcd123906 I am just a little shocked people are not more focused on the built in deep fryer and more on how I said zillow, ha!

    • @TerryJulianLive
      @TerryJulianLive 3 ปีที่แล้ว

      i thought i was the only one who caught that

  • @PaulHo
    @PaulHo 3 ปีที่แล้ว +21

    Imagine having no personality and being so impressionable that social media could sell you a huge purchasing decision and make you think you like it because you can't think on your own. Oh, all of a sudden you're into craftsmans? Go back to H&M.

  • @pierredeering3182
    @pierredeering3182 3 ปีที่แล้ว +74

    Wonder if those homes will last more than 10 years.

    • @PHlophe
      @PHlophe 3 ปีที่แล้ว +14

      those homes look like weetabix. pour water and it turns into mush.

    • @notrocketscience96
      @notrocketscience96 3 ปีที่แล้ว +2

      As a non-american looking at those houses, I wouldn’t even set foot underneath that plywood ceiling! And also, who would ever buy a plot unseen?? Arent there requirements for paperwork on zoning and geology etc?

    • @seanthe100
      @seanthe100 3 ปีที่แล้ว +1

      Most look way older than 10 years.

    • @seanthe100
      @seanthe100 3 ปีที่แล้ว +4

      @@notrocketscience96 we have hurricanes here and most homes are built to the standard of hurricanes. Wood actually grows on trees the best material to use for environmental sustainability

  • @Rayhanurkabir
    @Rayhanurkabir 3 ปีที่แล้ว +15

    She is realizing she's getting replaced by an app!

  • @Jonathan-ex3sl
    @Jonathan-ex3sl 3 ปีที่แล้ว +39

    these changes give buyers so much more access to the market, i don’t understand why agents can still charge such high commissions

    • @honkhonk8009
      @honkhonk8009 3 ปีที่แล้ว

      Imagine amazon but for houses. It would be litterally sick. How hasnt anyone made an online real estate firm???

    • @Jonathan-ex3sl
      @Jonathan-ex3sl 3 ปีที่แล้ว +2

      @@honkhonk8009 I think Zillow and Redfin are moving that direction. There must be some legal hurdles

    • @raymondweaver2023
      @raymondweaver2023 3 ปีที่แล้ว +1

      There's more access and information, but an untrained eye may not fully grasp the minutiae of it all. Also, if you ever done sales, you realize most people do not do their research or proper due diligence prior to making purchases; it's mostly emotional based, not logical based.

  • @conradcoolerfiend
    @conradcoolerfiend 3 ปีที่แล้ว +38

    Buy sight unseen? I have a fantastic house made from cardboard I would like to sell you XD

  • @lc285
    @lc285 3 ปีที่แล้ว +25

    The wealthy purchasing second homes, as an investment, and Real Estate Corporations doing the same both, need to consider stop buying up real estate in mass. Families are having a hard time finding affordable housing.

    • @tomlxyz
      @tomlxyz 3 ปีที่แล้ว +11

      They have no incentive to stop

    • @acctsys
      @acctsys 3 ปีที่แล้ว

      Who owned the property they bought?

    • @stevenmatosu9321
      @stevenmatosu9321 3 ปีที่แล้ว +1

      @@acctsys Usually someone elderly, disabled, or with too large/too many mortgage(s) who could not qualify for financing (thanks to teh GFC and Dodd-Frank response to Subprime) and became foreclosed on.
      By which the real estate bank takes ownership after evicting the owner and auctions the house off. The auctions used to be haunted by upper-middle class to wealthy families but more recently is going straight to private equity investment funds (recent news of Blackstone trying to become landlords of entire cities) who are seeking rent to pay their shareholders of pension boomers and insurance corps.

    • @acctsys
      @acctsys 3 ปีที่แล้ว

      @@stevenmatosu9321 So those people want or need to sell their house. Why stop them? Let's not favor the young over the old. Or who ever benefits from stopping mutually beneficial trade between the past owner and the new one.
      It's crazy that some think they have a say in what others do with their own property.

  • @trvrgrz
    @trvrgrz 3 ปีที่แล้ว +76

    I wouldn't even buy pancakes from these goombas.

    • @marknorris3769
      @marknorris3769 3 ปีที่แล้ว

      they are selling a house , wow , but your beef should be with their goombah idiot architect friend

    • @APAstronaut333
      @APAstronaut333 3 ปีที่แล้ว

      These g0omBaS

  • @sammurphy450
    @sammurphy450 3 ปีที่แล้ว +6

    why do we have a racist at 7:13 talking about race when this is about real estate STOP MAKING EVERYTHING ABOUT RACE

  • @yanrodgers1570
    @yanrodgers1570 3 ปีที่แล้ว +19

    Realtors are less and less being needed

    • @jajajinks1569
      @jajajinks1569 3 ปีที่แล้ว +4

      Why do we need them anyway? They get paid 6% of the house's price for just showing you the house??? They're the best paid profession for the least amount of effort.
      They're simply not needed now that you can advertise listings on the internet

    • @yanrodgers1570
      @yanrodgers1570 3 ปีที่แล้ว

      @@jajajinks1569 I agree.

  • @intuitivediane
    @intuitivediane 3 ปีที่แล้ว +9

    Absolutely not. The state I live in had many people purchase homes,
    Sight unseen. They are in for a rude show. The lifestyle is very different. The best can be unbearable. Some places have sand flies and mosquitoes big enough to fly you away. I think photos can be made to look big and they arrive and the house is a shoe box

  • @Salem_Rabbit
    @Salem_Rabbit 3 ปีที่แล้ว +3

    They are saying 2 hours outside of NY like its not a big deal.

  • @rootpotato
    @rootpotato 3 ปีที่แล้ว +20

    Would have saved everyone 13 minutes if you'd just said: "Hello . . . People are selling houses on Instagram . . . Goodbye".

  • @MrToweleySlowMo
    @MrToweleySlowMo 3 ปีที่แล้ว +28

    Hate this narrative of milenials cant afford a home and then show a clip of one buying a home because "they needed more after 2 weeks of lockdown"

    • @ranger-du7gk
      @ranger-du7gk 3 ปีที่แล้ว +6

      *Makes a broad assumption about millions of people off of a single example* Probably thinks he's smart. Paging Dr. Dunning and Dr. Kruger.

    • @sudonim7552
      @sudonim7552 3 ปีที่แล้ว +4

      One example doesn't disprove the actual statistics.

    • @megamanx466
      @megamanx466 3 ปีที่แล้ว

      Really depends on where they're trying to buy a home, how much they're saving prior, what their expectations are, etc. Wait 'til about 2027 to buy a house is what I'd suggest and a mile away from bodies of water. 😅

  • @tltinatl
    @tltinatl 3 ปีที่แล้ว +2

    "That's not to say there's dishonesty or anything where people are trying to manipulate you but not everything you see is accurate." That's what you call a distinction without a difference.

  • @sutats
    @sutats 3 ปีที่แล้ว +2

    TH-cam property tours is the way to go. The view counts don't lie.

  • @josetheman239
    @josetheman239 3 ปีที่แล้ว +2

    I bought a place in the city at age 24. This idea of buying in the suburbs or in affordable places is not really the best move. Best move is to stop extending your adolescence and live responsibly from your first paycheck. People want to act like children and spend aimlessly until they are 30 and then pretend to be victims of the same city centers that they enjoyed for the past 10 years.

  • @TheDanaYiShow
    @TheDanaYiShow 3 ปีที่แล้ว +10

    Interesting! It's fascinating to think about the growth and reach that social media has had over the years, now pushing into real estate!

  • @DerDudelino
    @DerDudelino 3 ปีที่แล้ว +3

    I'd definitely check a house or apartment out first on Instagram, than visit. Because a real-estate agent knows how to hide issues with any place and there can be a lot of issues down the road...

  • @polarunion
    @polarunion 3 ปีที่แล้ว +15

    Stop using real estate agents. 4-6% that could either stay in your pocket or afford all of us houses that are much more in reach of our budgets. In this age, the web, the tools and a real estate lawyer, there is absolutely no need.

    • @delphipascal
      @delphipascal 3 ปีที่แล้ว

      I bet that 4-6% ends up in the developers pocket not yours

    • @polarunion
      @polarunion 3 ปีที่แล้ว

      @@delphipascal well Chou can certainly count when you’re buying without an agent, you’re also not playing into their ploys of increasing buyer anxiety with bid wars (whether there even is one) and being armed with the right information from the get go vs a changing scenario. Bid wars are easily the biggest contributor to rising costs and decline in affordability.

    • @juanshaftpatel7488
      @juanshaftpatel7488 3 ปีที่แล้ว

      @@polarunion do you think blks know how to write an offer and deal with a title company? they can barely pay their water bill on time because everything is racist

    • @polarunion
      @polarunion 3 ปีที่แล้ว +1

      @@juanshaftpatel7488 layers handle that at lawyer rates and I’ll tell you the bill comes out to be less than a tenth of an agent’s undeserved rate.

  • @Photographerindian
    @Photographerindian 3 ปีที่แล้ว +33

    Eleminate the middle men real estate broker is going away.

  • @Englishman_in_Taipei
    @Englishman_in_Taipei 3 ปีที่แล้ว +4

    Some of the stock video footage and photos were for building sites for new homes in the UK, not the USA. For example, the Persimmon Homes.

  • @aashaytambi3268
    @aashaytambi3268 3 ปีที่แล้ว +34

    Aka real estate agents don't need to be a job.

    • @thetaomega7816
      @thetaomega7816 3 ปีที่แล้ว +3

      Never have been, always have been a scam

    • @strawdemindset
      @strawdemindset 3 ปีที่แล้ว +2

      It was never a need, but it took out alot of the hastle .... but technology is reducing their usefullness

  • @RednaelET
    @RednaelET 3 ปีที่แล้ว +9

    4:12 It looks like the entire house is made of cardboard or OSB, who want's to live there?
    I can not even imagine to buy a home only seen on social media, there are so musk risks.

    • @shaq9361
      @shaq9361 3 ปีที่แล้ว

      lol it looked like the wood they used was 10% plywood 90% sawdust bricks lol

  • @NamooNara
    @NamooNara 3 ปีที่แล้ว +4

    Real estate agents don’t have to search listings anymore. Yet they still get a percentage that hasn’t been adjusted for housing market’s exponential growth. There needs to be a service that streamlines the process, eliminating the need for a middle man

    • @coreaccount4376
      @coreaccount4376 3 ปีที่แล้ว

      What exponential growth?

    • @AlexpxThreeTen
      @AlexpxThreeTen 3 ปีที่แล้ว

      There is a service that cuts out the middleman, it’s called “for sale by owner”

  • @marlon8737
    @marlon8737 3 ปีที่แล้ว +1

    Racism, discrimination on lending? Wow. Your job income and credit score are THE ONLY thing that matter. Stop the CRT. Black, white, Latino or Asian are treated just the same based on those factors alone.

  • @djp1234
    @djp1234 3 ปีที่แล้ว +5

    Where are these people working in order to afford $1 million houses?

    • @coreaccount4376
      @coreaccount4376 3 ปีที่แล้ว +1

      Ppl don't contemplate the total cost. They contemplate the monthly cost, which for now, is low.

    • @djp1234
      @djp1234 3 ปีที่แล้ว +1

      @@coreaccount4376 the monthly cost is still insane with these prices, no matter how low the interest rate is.

  • @jamesmercilus5518
    @jamesmercilus5518 3 ปีที่แล้ว +15

    Bloomberg has really low standards for their reporters and commentators these days

    • @gdew9643
      @gdew9643 3 ปีที่แล้ว

      most of these channels are following the same trend... a little scary

  • @daman4522
    @daman4522 3 ปีที่แล้ว +15

    Definitely wouldn’t buy a house from a person who elbow bumps me after an extended handshake 😂

  • @kayflip2233
    @kayflip2233 3 ปีที่แล้ว +1

    It's only a matter of time before this disrupts the real estate industry. No more need for real estate brokers or agents. Just owner to buyer direct sale. Cut out the middle man.

  • @ThirdLife86
    @ThirdLife86 3 ปีที่แล้ว +1

    Buying a murican paper house via instagram without having seeing it in real life. Yeah, nothing i'd ever consider doing. :D

  • @onetime9012
    @onetime9012 3 ปีที่แล้ว +1

    Media is ok but you better hop on a plane and make sure you are not buying a hunted house, or a animal issue. Some homes are bargains for a reason.

  • @pabloescobar1093
    @pabloescobar1093 3 ปีที่แล้ว +3

    Shopping for a House on a Cracked Screen Phone? lol 3:33

  • @spacecoyote6646
    @spacecoyote6646 3 ปีที่แล้ว +1

    You haven't changed anything in the real estate game until you reduce the 6% transaction fee to 1% or less

  • @lauranoell263
    @lauranoell263 3 ปีที่แล้ว +2

    Why should people buy a house without any inspection before?

  • @darius5396
    @darius5396 3 ปีที่แล้ว +9

    I was waiting on race to be involved. Bloomberg never fails.

  • @H3inrichXVI
    @H3inrichXVI 3 ปีที่แล้ว +2

    This suburbs are horrible

  • @sourishsaha8067
    @sourishsaha8067 3 ปีที่แล้ว +5

    Anyone else smell another bubble?

    • @juanshaftpatel7488
      @juanshaftpatel7488 3 ปีที่แล้ว

      once blks get involved.. you know its a bubble

    • @0x0michael
      @0x0michael 3 ปีที่แล้ว

      It's not about blacks though, when the bottom of the pyramid gets in on anything, we're approaching the bust

  • @joshuouy
    @joshuouy 3 ปีที่แล้ว +37

    Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

    • @marylloyd2877
      @marylloyd2877 3 ปีที่แล้ว

      Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her.

    • @marylloyd2877
      @marylloyd2877 3 ปีที่แล้ว

      She helped me recover what I lost trying to trade my self

    • @Mavistyio
      @Mavistyio 3 ปีที่แล้ว

      I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane.

    • @Mavistyio
      @Mavistyio 3 ปีที่แล้ว

      I think she is the best broker I ever seen.

    • @sophiamacias4091
      @sophiamacias4091 3 ปีที่แล้ว

      My first investment with Mrs Jane gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known.

  • @out_on_bail
    @out_on_bail 3 ปีที่แล้ว +5

    Hahah it’s only for the time being everything is selling so fast. This happens every few years.

  • @chanhrodriguez1328
    @chanhrodriguez1328 3 ปีที่แล้ว

    3:55 and that my friend, is how you will end up on "The Haunting" documentary. 😆

  • @thegmanpaints
    @thegmanpaints 3 ปีที่แล้ว +3

    Can that guy buy new teeth on an app please?

  • @MP-hl7ex
    @MP-hl7ex 3 ปีที่แล้ว

    This has been happening in India for years. It's how I rented out the my last 3 houses across 2 cities + alot of friends bought theirs

  • @9034833838
    @9034833838 3 ปีที่แล้ว +1

    man in red coat REALLY NEEDS a dentist

  • @vincentrenz58
    @vincentrenz58 3 ปีที่แล้ว +7

    Just enact a 25% tax on purchasing additional properties (with an allowance of 1 house per family with low taxes) housing crisis solved.......

    • @frostystallie8736
      @frostystallie8736 3 ปีที่แล้ว +2

      That won’t affect the big real estate companies. They can afford the extra tax and will just up the price.

    • @x-Machina
      @x-Machina 3 ปีที่แล้ว

      That’s smart enough to work lol

    • @acctsys
      @acctsys 3 ปีที่แล้ว

      You get more of what you subsidize and less of what you tax.

  • @Siskiyous6
    @Siskiyous6 3 ปีที่แล้ว +1

    The reason young people cannot find homes is because of
    zoning and the way it has destroyed building!

    • @honkhonk8009
      @honkhonk8009 3 ปีที่แล้ว

      Zoning is just one of the problems.
      Asking people who dont even contribute to the community, and asking them why we should close a multi miillion$ facility, just because "it doesnt look nice"
      Braindead overliberal thinking.

  • @macgreiner
    @macgreiner 3 ปีที่แล้ว +8

    So remind me again as to what actual value a real estate agent brings for the ridiculous commission they charge?

    • @trod2700
      @trod2700 3 ปีที่แล้ว +6

      The legal complexities of buying/selling will always need an intermediary for representation and fair dealing. If you are an experienced investor sure, skip agents, but if it's your first time buying a property specially using a mortage you will have so many questions and concerns you would be naive not to use a realtor. TBF, some comissions are high, but in cases they are warranted.

    • @trod2700
      @trod2700 3 ปีที่แล้ว +1

      mortgage*

  • @davidjma7226
    @davidjma7226 3 ปีที่แล้ว

    Problem is generating sufficient organic traffic....still costs money and it needs to be recovered in the price.

  • @husnainahmad7980
    @husnainahmad7980 3 ปีที่แล้ว

    I think you can't trust social media as so much money is involved

    • @kingoliever1
      @kingoliever1 3 ปีที่แล้ว

      Probably saves easy 10k whiteout broker, they are the worst.

  • @NickSerifin
    @NickSerifin 3 ปีที่แล้ว +1

    0:41 I really like the videography on Vox usually, but when you flash all of those posts so quickly, its all text. do you want me to pause and scroll the video so I can read them?
    I get the point that you are trying to make "there are lots of social media posts out there!" but psychologically showing me a meme and not giving me the time to process it is very unsatisfying.

  • @SKITTLELA
    @SKITTLELA 3 ปีที่แล้ว +1

    0:12 DENIED!

  • @Anza_34832
    @Anza_34832 3 ปีที่แล้ว +1

    Wooden shoe box houses, bought without prior physical inspection of the structure’s condition. All done via Instagram. 🥳🤣

  • @pdlegend6829
    @pdlegend6829 3 ปีที่แล้ว +2

    You MAKE an OFFER, not a BID... you PUT IN a Bid....

  • @justiniusjustinius137
    @justiniusjustinius137 3 ปีที่แล้ว +1

    It's preposterous to suggest buying something like a house in the 100,000s is not so far from buying items from Craigslist or eBay in the 100s or $1000s.
    It sucks to get a pair of shoes you don't like or damaged goods in a package, but not investigating the house for yourself and understanding what DIY/pro work is involved or having an independent inspector sign off on it is f|_|ckin' crazy. Bad foundations, bad plumbing/wiring/sewage, infestations (termites, especially) building violations... It's about as smart as buying a car before making sure it isn't stolen or have money-owed on it.
    A lot of people are going to learn the hard and expensive way that you can't just outsource important decision-making to an app.

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว +1

      hi! we did have an inspector and our broker and others sign off. we had a full report before we signed the contract, they didn't include this piece - ut I promise we did. my school mates father also built the house so I knew it well!

    • @justiniusjustinius137
      @justiniusjustinius137 3 ปีที่แล้ว +1

      @@boydredux218 You're smart. I hope your house gives you many years of joy. Others, however, are not so smart, especially if they are motivated by FOMO (fear of missing out). They'll skip all of the conventional steps of home buying (e.g. thorough inspections) and suffer the consequences.

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว +1

      @@justiniusjustinius137 agree - know some people who skip steps! we did not even though we did not see it.

  • @sourishsaha8067
    @sourishsaha8067 3 ปีที่แล้ว +4

    Bloomberg and CNBC'S millennial sympathizing for no apparent reason for ad money is hilarious

  • @oscaryuen311
    @oscaryuen311 3 ปีที่แล้ว

    the problem is if people buy the homes without reading the fine print or inspecting damages they might make the worst investment since you can buy an acre of land without any services

    • @acctsys
      @acctsys 3 ปีที่แล้ว

      They may not even know what to look for. It's easier to learn things now, though. Maybe legal stuff can cover those surprises.

    • @oscaryuen311
      @oscaryuen311 3 ปีที่แล้ว

      @@acctsys not when they close the escrow lol

  • @jrichieander6832
    @jrichieander6832 3 ปีที่แล้ว

    We can afford a home but people are placing premiums on homes that are completely 💩
    Or they are affordable in the worst neighborhoods in town we are smart enough to not make a ridiculous purchase just because we want a home we rather wait it out

  • @marksittner602
    @marksittner602 3 ปีที่แล้ว +1

    Told you, its a sell sqeeze game, market needs mortage contacts so the hot potato game could go on. Sponsored by Fidelity.

  • @absi1155
    @absi1155 3 ปีที่แล้ว +2

    The way things are going, soon millennials won’t be able to able to afford internet to go on instagram

  • @velious2121
    @velious2121 3 ปีที่แล้ว

    Only an idiot buys a house unseen without an inspection.

  • @Joostuh
    @Joostuh 3 ปีที่แล้ว +1

    @1:00 It really never is by choice

  • @Old299dfk
    @Old299dfk 3 ปีที่แล้ว

    Who knew that over populating a planet would have concequences.

  • @JesseJamesEttebe
    @JesseJamesEttebe 3 ปีที่แล้ว

    Always visit before buying. I had to visit about 50 places before settling down.

  • @ToddBaldwin
    @ToddBaldwin 3 ปีที่แล้ว

    The best way for young people to own a house today is to house hack.

  • @julz163
    @julz163 3 ปีที่แล้ว

    Dudes teeth doing the crip walk

  • @ryamelp
    @ryamelp 3 ปีที่แล้ว

    That man with the pillows. Big, & Tupac sitting next to Cardi B?

  • @brianwoo9943
    @brianwoo9943 3 ปีที่แล้ว

    that's right, step up purchase a home for that ridiculous hyper inflated price and get on that debt for the next 30 years.

  • @MrDeltaNoir
    @MrDeltaNoir 3 ปีที่แล้ว

    Bhasin guy really comfortable before the camera.

    • @GoogleUserX
      @GoogleUserX 3 ปีที่แล้ว +2

      Yet his overall look is repulsive...
      Those hairs behind ears and crooked teeth...
      (((

  • @Prog4Prog
    @Prog4Prog 3 ปีที่แล้ว

    lol the to the advert

  • @Kevindevin7
    @Kevindevin7 3 ปีที่แล้ว

    LeBron James bought a house during the bubble off an Instagram showing haha

  • @sarcasmo57
    @sarcasmo57 3 ปีที่แล้ว

    I bought my house on tinder

  • @girlielabastilla3687
    @girlielabastilla3687 3 ปีที่แล้ว

    Yes, and the government would have to proactively respond to this real property business into digital evolution...

  • @wyganter
    @wyganter 3 ปีที่แล้ว

    That Bloomberg reporter needs some major dental work ASAP. Yeesh!

  • @joshmints8942
    @joshmints8942 3 ปีที่แล้ว

    supply and? demand?

  • @MrInternationalSound
    @MrInternationalSound 3 ปีที่แล้ว

    I would never make a major purchase site unseen.. that’s insane lol.

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว

      we did have the house thoroughly inspected by a professional to be clear! we had a very long report before we closed.

  • @ShaudaySmith
    @ShaudaySmith 3 ปีที่แล้ว +1

    As a millennial, can we stop giving millennials an out of making poor choices with their credit and education? I'm over "experts" still coddling weaklings in my generation who are in their mid-30s..

  • @davidomego
    @davidomego 3 ปีที่แล้ว +3

    No I won't buy a house over social media

  • @tinram745
    @tinram745 3 ปีที่แล้ว +9

    Fix this guy's teeth.

  • @habbyhouse
    @habbyhouse 3 ปีที่แล้ว +1

    Heather sounds 12 looks 40. How?

    • @boydredux218
      @boydredux218 3 ปีที่แล้ว

      how? maybe bc I tired since I have been taking care of two children during a pandemic, guess that really ages you

  • @ProductionJunction1
    @ProductionJunction1 3 ปีที่แล้ว +3

    this always ends badly for the panic/fomo buyers

  • @ryamelp
    @ryamelp 3 ปีที่แล้ว

    20 Zeelo photos? Have I been saying Zillow wrong the whole time?

  • @FinancialShinanigan
    @FinancialShinanigan 3 ปีที่แล้ว +2

    Think you meant Reel Estate

  • @perceptortron
    @perceptortron 3 ปีที่แล้ว +3

    Lol everyone's too scared to admit they moved out of the cities because of the riots

  • @mitchellkasdin1899
    @mitchellkasdin1899 3 ปีที่แล้ว

    Why did the developers use OSB as interior sheathing. Structural value or just so they don’t need to hit a 2x4 when they are installing reclaimed lumber, single nickel siding on the interior. Seems like somethings amiss. No fees, No commission, no real estate agents are showing your house. “Bozo-Move,” you just wiped out 50% of the buyers? Less competition, less offers - less money for the developers? The buyers might be more involved, since the price of the home will warrant that they will be paying on that mortgage for the rest of their lives; assuming the marriage stays together? Don’t use a brand new home as an Airbnb! Be careful what you wish for?

  • @TheAstronomyDude
    @TheAstronomyDude 3 ปีที่แล้ว +2

    You could buy a house now or buy BB calls and buy a castle in 2022.

    • @AgentOffice
      @AgentOffice 3 ปีที่แล้ว

      Positions or ban

  • @snowfox780
    @snowfox780 3 ปีที่แล้ว

    I really heard "nudes" at 6:57 at first

  • @_Dilavni
    @_Dilavni 3 ปีที่แล้ว +2

    Pelle Hamburger

  • @mf4633
    @mf4633 3 ปีที่แล้ว +1

    Would you download a house?

  • @scottclark6066
    @scottclark6066 3 ปีที่แล้ว +13

    You can buy a big house in the US for $100k, the same amount would get you a shed in the UK

    • @rohitroll2119
      @rohitroll2119 3 ปีที่แล้ว +4

      London is not the whole UK

    • @StrugeLabs
      @StrugeLabs 3 ปีที่แล้ว +3

      You legit know nothing about the US lol

    • @clashoflands
      @clashoflands 3 ปีที่แล้ว +1

      U r naive my child.

    • @Joostuh
      @Joostuh 3 ปีที่แล้ว

      @@rohitroll2119 I can't speak for my neighbours across the Channel, but here in NL the cheapest dwellings in rural area's start at about E150.000, you get a plot of about 60-80 m2 (650-850 ft2) and about the same in floor space.

    • @Joostuh
      @Joostuh 3 ปีที่แล้ว

      @@StrugeLabs How bad is it?

  • @sigsourr
    @sigsourr 3 ปีที่แล้ว

    What’s all that garbage on the wall? I guess we can solve the plastic problem by calling it art and hanging it to a rich persons house

  • @sachin2842
    @sachin2842 3 ปีที่แล้ว +1

    over priced, just wait!

  • @3-Kashmir
    @3-Kashmir 3 ปีที่แล้ว

    A wood house in snow?

  • @princeramos3893
    @princeramos3893 3 ปีที่แล้ว

    4:11 is that a cardboard house????