Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
@@godof-ou1dw I need suggestions to assist me recover my portfolio and create more effective strategies because of the huge dips. How do I locate this coach?
@@alexanderjames3043 Without the assistance of my counselor, RUTH LORALANN BRENNAN, I would not have been able to comprehend how to make a profit. By locating her online and visiting her page, you may get in touch with her. excellent understanding of the role
@@godof-ou1dw I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Be very leery of this. AI is only as good as the model and data that trained the ML. This could be used to artificially skew numbers, and since so many people are quick to believe that AI is the next golden goose, they won't question it. You can think how this could quickly lead to a number of very large issues in the financial and real estate sectors.
But you can backtest the model to see it’s effectiveness at predicting future prices. That at least will give you a quantifiable figure to see how reliable it has been. Which doesn’t necessarily indicate the future outcome but could give a degree on confidence.
@@avarmauk Of course, but you can also use a model to spit out the future prices you want. If nobody is questioning it, everyone assumes those are what the numbers should be and the market adjusts. It's creating an artificial market in other words, not one based on real-world values and figures.
@@avarmauk You're assuming all models are peer-reviewed, will be allowed to be peer-reviewed, that the reviewers aren't part of the corruption and that being peer-reviewed is actually going to be meaningful in the first place. That's a lot of assumptions. History has shown that these kinds of institutions (which is what they eventually turn out to be) are easily and often corrupted.
unfortunately there are alot of older dinosaurs out there. like myself i would only do a deal face to face. this type of tech will work out great for the younger generation
AI developer here! LOL Zestimate is a jock. In the real world, we have "apprisal" 95% of Zestimates are either over or under appraisal. Zestimate is a bet against buyer and seller. Zillow is betting either buyer or seller is stupid.
Of course I realize that it’s probably telling me that there isn’t anything in the $1200 range but still they shouldn’t have sent me anything if I said 1200 or below
AI technology is terrible for rental. Every time I told him I wanted a maximum of 1200 they picked 1475 and higher and every time I told AI that they were still above my price range. They apologize and still sent me the same thing.
Talk about "let your fingers do the walking"; more like "let your computer do the thinking". Maybe we don't have to go to school anymore, we'll let our computers do the learning for US and we can get bigger spending more time in the couch! Uh...?
Ai is litterly taking over every thing... I myself am autmating everything possible for a real esate business, Especially phone calls, lead qualificaiton, appointments, property veiwings, ,,,, It makes it good for you in a sense that you are free and the cost of running your agency is much cheaper.... Don't worry... Ai is only here to upllit real esate...
![[LIVE] : ONE ลุมพินี 87 วันนี้!! คู่เอก "ก้องชัย vs โชคปรีชา"](http://i.ytimg.com/vi/YN6e7HVnekw/mqdefault.jpg)
Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
@@godof-ou1dw I need suggestions to assist me recover my portfolio and create more effective strategies because of the huge dips. How do I locate this coach?
@@alexanderjames3043 Without the assistance of my counselor, RUTH LORALANN BRENNAN, I would not have been able to comprehend how to make a profit. By locating her online and visiting her page, you may get in touch with her. excellent understanding of the role
@@godof-ou1dw I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
And soon Block Chain Technology will eliminate the need for Realtors
Block Chain’s gonna be showing houses & everything 😂
Be very leery of this. AI is only as good as the model and data that trained the ML. This could be used to artificially skew numbers, and since so many people are quick to believe that AI is the next golden goose, they won't question it. You can think how this could quickly lead to a number of very large issues in the financial and real estate sectors.
I’ve always had that thought as well. It’s gonna get weird.
But you can backtest the model to see it’s effectiveness at predicting future prices. That at least will give you a quantifiable figure to see how reliable it has been. Which doesn’t necessarily indicate the future outcome but could give a degree on confidence.
@@avarmauk Of course, but you can also use a model to spit out the future prices you want. If nobody is questioning it, everyone assumes those are what the numbers should be and the market adjusts. It's creating an artificial market in other words, not one based on real-world values and figures.
@@dasfahrer8187 Certainly. Non peer reviewed models are pretty useless.
@@avarmauk You're assuming all models are peer-reviewed, will be allowed to be peer-reviewed, that the reviewers aren't part of the corruption and that being peer-reviewed is actually going to be meaningful in the first place. That's a lot of assumptions. History has shown that these kinds of institutions (which is what they eventually turn out to be) are easily and often corrupted.
unfortunately there are alot of older dinosaurs out there. like myself i would only do a deal face to face. this type of tech will work out great for the younger generation
Nice to see an older person who has a positive view on the younger generation for once.
GOLD PRICE SHOULD RISE TO 1999$/Oz
Thank you for being positive about Technology and saying kind things about younger generation ❤️
You will just end up losing out
This is gold.
AI developer here! LOL Zestimate is a jock. In the real world, we have "apprisal" 95% of Zestimates are either over or under appraisal. Zestimate is a bet against buyer and seller. Zillow is betting either buyer or seller is stupid.
Zillow should just stick to a real estate listings website
@@jayo3074 haha, I made this comment long before they admitted that their AI is a joke!
I remember there was a software that was finding the most likely sellers back in 2018. Nothing new there.
I wonder how much of these AI technology companies are a bunch of if/else statements vs real AI - which is the use of neural nets and AI frameworks
AI is not just neural networks, it's algorithms, natural language processing, machine learning etc if/else statements are algorithms so yes it's AI
Of course I realize that it’s probably telling me that there isn’t anything in the $1200 range but still they shouldn’t have sent me anything if I said 1200 or below
AI technology is terrible for rental. Every time I told him I wanted a maximum of 1200 they picked 1475 and higher and every time I told AI that they were still above my price range. They apologize and still sent me the same thing.
Loan officers will soon be out of jobs within 5 years
Pick any industry - same end result.
I can't wait
Talk about "let your fingers do the walking"; more like "let your computer do the thinking".
Maybe we don't have to go to school anymore, we'll let our computers do the learning for US and we can get bigger spending more time in the couch! Uh...?
Ai is litterly taking over every thing... I myself am autmating everything possible for a real esate business, Especially phone calls, lead qualificaiton, appointments, property veiwings, ,,,, It makes it good for you in a sense that you are free and the cost of running your agency is much cheaper.... Don't worry... Ai is only here to upllit real esate...
C3 ai 🔥🔥🔥
Listening to how ai word is used is painful
A.I.. dangerous
Ouch…more jobless claims …who needs an agent, mortgage broker and on goes the list…🤐🤐🤐👽👽👽👽👽
Hell naw. I smell hacks and number manipulation
👏👏👏👏👏👏
Embarrassing.
The less human interaction the better the deal will be because it will remove the BS and bias as well as emotions people have. I am for it