Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: www.masterworks.art/davidlin Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: www.masterworks.com/cd Are you seeing signs of trouble in the housing market? Comment below and don't forget to subscribe. FOLLOW CHRIS VERMULEN: The Technical Traders: thetechnicaltraders.com/davidlin/ TH-cam channel: www.youtube.com/@@TheTechnicalTraders Twitter (@TheTechTraders): x.com/TheTechTraders
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
’Carol Vivian Constable’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million..
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
My CFA Monica Shawn Marti , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Australian real estate is the worst in the world. Hong Kong and Singapore about the only dearer places to own land/house. Real estate here doesn't go down because it's the government main scam.
Try London! Smallest, most dilapidated, most expensive property in Europe! Oh, and if you buy an apartment instead of a house - you don't even truly own it! Apartments belong to the owner of the ground they're built on. You have to purchase a lease from the land owner, which is extra. If lease is allowed to expire - the property is automatically awarded to the land owner! It's bonkers!
Yep. It’s frustrating. I’m a high income earner and can’t afford a proper house in Sydney. Most people buying free standing houses are doing it from family wealth. What an egalitarian society.
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Mrs Ann Marie strunk
@@KenechukwuSmallHello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Mrs Ann Marie strunk has been an amazing experience
@@BeataSmolarczykI'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mrs Ann Marie strunk 😊🎉
Chris is missing the fact that the S&P 500 is really the S&P 5. NVDA ,MSFT, AAPL META and AMZN. Growth stocks that now appear to be defensive stocks also.
Even if the Markets don't crash like 2008, we can all feel that there is something wrong with this Economy, with these prices, with all the wars going on all around the world, etc. Ain't no way the Economy is going to make a sudden u-turn and start rising again, if anything, America is in for a really slow decline over the next several years, we are no longer in the booming golden period we were in for the last half of the century.
There are strange mortages here in Canada. Some times your payment doesn't change but the amount being paid off is decreased. Saw a story of someones 25yr turning into 50yr+. They may play games like that to hide the crash as long as possible, if not stop it.
It's clickbait. They try to imply that the current real estate issues are similar to the 2008 residential issues. It's completely different. There is a crisis in commercial real estate now, due to the nonsense of 2020/21. It bears no parallel to 2008, which was caused by a completely different mechanism. These talking heads are a bunch of mindless liars.
@@StuffBudDuz no its exactly the same only worse. The bubble we have now was created in exactly the same way and there are derivatives compiled in the same way
Correction, you don't lose ANYTHING if you just hold on and stop worrying about the change in "value" and collect the $ stream, you ONLY LOSE if you actually sell out of positions and take the loss. Over time the "value" will go up and down and if you can't handle movements, you don't belong in individual stocks or even sector ETF's or anything that isn't just the general market and if you really get scared when even those move you don't belong in anything to do with the stock market at all.
No matter what your interest rate is, your debt is a huge factor. When you’re paying for a 500k loan for a home, yet the home is worth 400k , it’s hard not to walk away and leave that huge debt (taxes and insurance too!) that is weighing you down. Life is about living, not working long hours while making others rich.
I lost all respect for him when he said we have a abundance of houses. Canada does not. However those finance based cities that work in the fake economy will suffer because its too expensive and there is better markets to be invested in
The major difference from the time of the last crash and now is home builders are not building unless a buyer has already signed a contract with some committed money.
We have had massive immigration in Canada. Housing shortage has been a major concern. Perhaps every mom and pop getting into real estate rental business is the problem?
I worked for a bank for 10 years. In the late 80’s and early 90’s the thing I remember most is that high end residential was even worse than commercial real estate. Not sure that will repeat. Dynamics are a bit different.
I really liked the idea of Asset Revesting! I think the challenge with it is reliably identifying the trend change I wonder how Chris and his team do it :P
I think they change the back test rules. That's why the "benefit of hindsight" legalize on the disclaimers. There is no longer an actual performance record going back to inception. Used to be but no more.
Does realestate increase in price or does the price increase to maintain equivalent value as a fiat currency devalues? To examine this question how many ounces or grams of gold does a person need in 2024 to buy a house as compared to the number of ounces or grams of gold to buy the same house in say 1980?
@@dawnaker725 In the fictional example below we see that an example-home cost 81.3 ounces of gold in 1980 and 190.7 ounces of gold in 2020. Since gold cannot be just created by a government, like fiat currency, it is a better gauge, than fiat currency, for measuring if an asset's value really increased over time. 1980 Example U.S. home price $50000. 1980 Gold price $615 per ounce. 1980 Example Home price 81.3 ounces of gold. 2020 Example U.S. Home price $329000. 2020 Gold price $1725 per ounce. 2020 Example Home price 190.7 ounces of gold.
Mortgage problem, yes. Paid for house, zero problem. Still the same house at any price. Problem is currency speculation, speculating on debt. How much is enough money, enough debt? All of it. No one has enough. Unlimited and infinite desires for more. No one gets enough.
Most western countries now have political and legal risk, which was not as obvious before. A paid off house is at extreme legal risk to lawsuits and seizure by government. You may not understand this right now, but give it a few more years and what I say will be obvious. Equity in houses is equity at risk.
Dear Chris, you've been seeing, and dramatically warning us about, a downturn for years. It's getting old. One day we will get to where we are heading, but that doesn't mean that you have been right all along. Sorry.
Ive seen all his interviews and he has always been bullish on the stock market short term and said he would sell his positions once he sees the signs of the market turning bearish, which he expected to have already happened but he is still correct in being long until now
Bought my house at a great price and at a great 30 fixed rate 3 years ago. We have the double homestead exemption, once we claimed it our property taxes almost halved, Once we turn 65 property tax halts. I'm not going anywhere.
@@bbustin1747 Oklahoma.. Have to make 25k and less to qualify at age 65, If that gets raised over the years I dunno, 100% disabled Vets are property tax exempt, Current Military are also property tax exempt.
I think Canada and UK are going to be in a world of hurt with their rates readjusting but it’s hard for me to believe the US is going to face such correction. 40% of homeowners here have no mortgage, 70% have under 4%, 80% under 5%. Those who bought recently and need to sell are probably going to get hurt, but it’s nothing like 2008. Most refinanced then to get money out and buy things. Most refinanced this time for a lower rate and payment.
I don't understand. I recently bought A LOT of REITS. Probably 20-30% of my portfolio. ADC, O, GMRE, MAA, NNN, WPC... more. I bought them at substantial ... I mean really low off their highs. Like 30-40% reductions in most cases. They've lost so much value already compared to 2021. It seems so weird to think these REITS are all going down HARD from this point, like Chris is suggesting, and to make it even weirder I'm to believe this REIT drop will occur while simultaneously the fed cuts rates. Every time the fed cuts rates that puts wind in the sails of the REITS, in my simple understanding. Please help, but please don't be an ass - correct me by showing me why this would happen. Specifically, what is going to cause other REIT investors to sell, thus crashing their respective stock prices from here.
I’m in the uk. My 5 year mortgage is coming to a close in a month. I used to pay 4.25% capital plus interest. It’s jumping to 10%. I can’t charge my tenant double the rent. No one is buying. I’m scwoowd.
Mmmm, in what way? A small number of foreclosures don't really do much. Note that a home bought in foreclosure may only be a few % below market, if at all. So they may have almost no impact on the MLS or neighborhood statistics. Now that completely changes in a crisis period.
Canada is short 1 million housing units. USA is short 4.5 million housing units. House prices are going up. Stock markets could tank though because real inflation is at 5%+/year. And the Fed can't hide it anymore.
It baffles me that these guys show Real Estate etfs and spend much of the time talking about houses. The real estate etfs are filled with data center companies, tower reits, ecommerce warehouse reits, and some retail reits like O that are doing great. These companies are doing well. I'm stopped watching once he showed the RE etf while talking about houses.
Leveraged homeowners just walk away. The banks/financial systems take the hit. The loss is then spread over the entire population through the bail out process. In this process none of the money disappears. Where does it go? Think about it.
Semiconductors are a highly cyclical sector, so I wouldn't count on them to weather any serious economic storms no matter how hot they are at the moment.
If the market crashes most people will be so scared they will not buy. The smaller investors have spent all their money and will sell what they have for whatever they can get and not be able to take advantage of the crash and who knows maybe prices will never go back up again!. People will not have any money and the crashes will be regional
Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: www.masterworks.art/davidlin
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
See important Masterworks disclosures: www.masterworks.com/cd
Are you seeing signs of trouble in the housing market? Comment below and don't forget to subscribe.
FOLLOW CHRIS VERMULEN:
The Technical Traders: thetechnicaltraders.com/davidlin/
TH-cam channel: www.youtube.com/@@TheTechnicalTraders
Twitter (@TheTechTraders): x.com/TheTechTraders
😊😊😊😊😊😊😊😊😊😊😊😊
😊😊
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
’Carol Vivian Constable’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million..
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA Monica Shawn Marti , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Not to mention cost of property taxes, homeowners insurance and maintenance has gone through the roof
Australian real estate is the worst in the world. Hong Kong and Singapore about the only dearer places to own land/house. Real estate here doesn't go down because it's the government main scam.
Try London! Smallest, most dilapidated, most expensive property in Europe!
Oh, and if you buy an apartment instead of a house - you don't even truly own it! Apartments belong to the owner of the ground they're built on. You have to purchase a lease from the land owner, which is extra. If lease is allowed to expire - the property is automatically awarded to the land owner!
It's bonkers!
@@MuxxyyAmsterdam is much more expensive than london
How is it possible that Canadian real estate is vulnerable whilst Australian is doing fine?
@@freedomfrogs4847 Shorline lol. Australia is probably the lowest population per square kilometer than any other country other than Greenland.
Yep. It’s frustrating. I’m a high income earner and can’t afford a proper house in Sydney. Most people buying free standing houses are doing it from family wealth. What an egalitarian society.
great with my favorite guest chris vermeulen. please regurarly every any weeks. thank you so much!!!
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Mrs Ann Marie strunk
@@KenechukwuSmallHello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Mrs Ann Marie strunk has been an amazing experience
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still
believe in God
@@BeataSmolarczykI'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mrs Ann Marie strunk 😊🎉
Chris is missing the fact that the S&P 500 is really the S&P 5. NVDA ,MSFT, AAPL META and AMZN. Growth stocks that now appear to be defensive stocks also.
Always love your content Dave, youre a legend in the space! Awesome interview questions
what will chris do when his taxes go up the value on his properties go down and nobody has any bank loans to buy his properties?
Property taxes don’t go up when value goes down
What kind of ridiculous math are you using?
Property tax is based on property value
@@waqidjI know. Seriously lol😂
I ask why does he borrow money to buy real estate . Just use cash
@@HC-iu1vs that way you can buy multiple of them. Or use money to buy different investment assets
@@Tater-Skinztoo much risk
Even if the Markets don't crash like 2008, we can all feel that there is something wrong with this Economy, with these prices, with all the wars going on all around the world, etc.
Ain't no way the Economy is going to make a sudden u-turn and start rising again, if anything, America is in for a really slow decline over the next several years, we are no longer in the booming golden period we were in for the last half of the century.
There are strange mortages here in Canada. Some times your payment doesn't change but the amount being paid off is decreased. Saw a story of someones 25yr turning into 50yr+. They may play games like that to hide the crash as long as possible, if not stop it.
Yesterday a housing shortage, today an abundance, I can’t get behind all these mixed measages
There's an abundance of supply held by robber barrons and a shortage of affordable housing for new entrants to the market, so both are true
Its best to follow macroeconomics and watch what the FED is doing and then nothing is a surprise.
Depends on where you are that's why
It's clickbait. They try to imply that the current real estate issues are similar to the 2008 residential issues. It's completely different. There is a crisis in commercial real estate now, due to the nonsense of 2020/21. It bears no parallel to 2008, which was caused by a completely different mechanism. These talking heads are a bunch of mindless liars.
@@StuffBudDuz no its exactly the same only worse. The bubble we have now was created in exactly the same way and there are derivatives compiled in the same way
Chris is a Legend.
Change my life with his asset growth strategy.
Revesting will one day be the obvious choice.
Thanks for this free content David. Always a learning and paying attention how Chris sees the stock market !!!!
Correction, you don't lose ANYTHING if you just hold on and stop worrying about the change in "value" and collect the $ stream, you ONLY LOSE if you actually sell out of positions and take the loss. Over time the "value" will go up and down and if you can't handle movements, you don't belong in individual stocks or even sector ETF's or anything that isn't just the general market and if you really get scared when even those move you don't belong in anything to do with the stock market at all.
Why would you not even know what the PE ratio of Nvidia is? How is earnings per share not even relevant? This is the whole problem!
He trades the index and lets the fund managers worry about that, rotating in and out rebalancing the index.
Exactly they buy air
@@MikhailFromUSA the whole market is trading air most of the time. Nobody really pays attention to PE. It is all just sentiments driven anyway..
Thanks David, great flowing conversation with a good guy
No matter what your interest rate is, your debt is a huge factor. When you’re paying for a 500k loan for a home, yet the home is worth 400k , it’s hard not to walk away and leave that huge debt (taxes and insurance too!) that is weighing you down. Life is about living, not working long hours while making others rich.
I lost all respect for him when he said we have a abundance of houses. Canada does not. However those finance based cities that work in the fake economy will suffer because its too expensive and there is better markets to be invested in
The major difference from the time of the last crash and now is home builders are not building unless a buyer has already signed a contract with some committed money.
Chris Vermeulen is a great investor. Thank you.
Robot warehouse parties will be wild like in the 90's 🙂 Great show you guys!
I miss warehouse parties 💔
I wanna hear Chris Vermeulen every day
Chris is one of the best guests. Very good interview.
🚨BANK🚨RUN🚨SEASON🚨
Yes. This could be the big one !
How do I get born to a rich dad with lots of property, seems like the main piece of advice.
It’s a lottery system and everyone gets one chance.
In Canada, they pushed amortizations out to 90 years in some cases.
It's a game of smoke and mirrors.
Masterworks; really?!? They suck. I lost 50% w/ them. Steer clear. Stick with TSLA.
Not losing but definitely not gaining. A lot of profits stay at masterworks. Not happy.
how is your TSLA doing today? :D
Are you saying that we're seeing the US/Canada housing sector going the same path we're seeing in China?
It's almost exactly what's happening.
We have had massive immigration in Canada. Housing shortage has been a major concern. Perhaps every mom and pop getting into real estate rental business is the problem?
Australia real estate bubble is absolutely horrid. Insane amount of debt 😊
I worked for a bank for 10 years. In the late 80’s and early 90’s the thing I remember most is that high end residential was even worse than commercial real estate. Not sure that will repeat. Dynamics are a bit different.
At 1:43, he states 2-3 years from now.
Canda or the US?
I like listening to this guy.
I really liked the idea of Asset Revesting! I think the challenge with it is reliably identifying the trend change I wonder how Chris and his team do it :P
I think they change the back test rules. That's why the "benefit of hindsight" legalize on the disclaimers. There is no longer an actual performance record going back to inception. Used to be but no more.
Does realestate increase in price or does the price increase to maintain equivalent value as a fiat currency devalues?
To examine this question how many ounces or grams of gold does a person need in 2024 to buy a house as compared to the number of ounces or grams of gold to buy the same house in say 1980?
Can you explain
@@dawnaker725
In the fictional example below we see that an example-home cost 81.3 ounces of gold in 1980 and 190.7 ounces of gold in 2020.
Since gold cannot be just created by a government, like fiat currency, it is a better gauge, than fiat currency, for measuring if an asset's value really increased over time.
1980 Example U.S. home price $50000.
1980 Gold price $615 per ounce.
1980 Example Home price 81.3 ounces of gold.
2020 Example U.S. Home price $329000.
2020 Gold price $1725 per ounce.
2020 Example Home price 190.7 ounces of gold.
Mortgage problem, yes. Paid for house, zero problem. Still the same house at any price. Problem is currency speculation, speculating on debt. How much is enough money, enough debt? All of it. No one has enough. Unlimited and infinite desires for more. No one gets enough.
Taxes
Most western countries now have political and legal risk, which was not as obvious before. A paid off house is at extreme legal risk to lawsuits and seizure by government. You may not understand this right now, but give it a few more years and what I say will be obvious. Equity in houses is equity at risk.
@@genestone4951 What you say is true but only gold is better. I have that too. How much wealth is enough? I have enough.
Dear Chris, you've been seeing, and dramatically warning us about, a downturn for years. It's getting old. One day we will get to where we are heading, but that doesn't mean that you have been right all along. Sorry.
Ive seen all his interviews and he has always been bullish on the stock market short term and said he would sell his positions once he sees the signs of the market turning bearish, which he expected to have already happened but he is still correct in being long until now
Just because he's early doesn't mean he's wrong.
Foolish comment.
Bought my house at a great price and at a great 30 fixed rate 3 years ago. We have the double homestead exemption, once we claimed it our property taxes almost halved, Once we turn 65 property tax halts. I'm not going anywhere.
What state does that ?
@@bbustin1747 Oklahoma.. Have to make 25k and less to qualify at age 65, If that gets raised over the years I dunno, 100% disabled Vets are property tax exempt, Current Military are also property tax exempt.
Thanks for the info … my SS will be higher than that. But maybe they do a scale
You have 30 yrs fixed interest rate?? Wow. In our country not even possible
Outstanding guest & host ..very impressed overall ❤❤❤😊😊😊❤❤❤
Hello David, This guy Chris Vermeulen is pretty good and honest analyst. You have to bring him here often. Thanks
he's always wrong
Not honest at all.
HOA fees are too high and no control over them. 😮
This guy is living proof that people managing other people funds aren't that bright.
You think Peter Schiff is smart. Your opinion is worthless tbh.
Bank runs are occurring
tip of the iceberg
I think Canada and UK are going to be in a world of hurt with their rates readjusting but it’s hard for me to believe the US is going to face such correction. 40% of homeowners here have no mortgage, 70% have under 4%, 80% under 5%. Those who bought recently and need to sell are probably going to get hurt, but it’s nothing like 2008. Most refinanced then to get money out and buy things. Most refinanced this time for a lower rate and payment.
I don't understand. I recently bought A LOT of REITS. Probably 20-30% of my portfolio. ADC, O, GMRE, MAA, NNN, WPC... more. I bought them at substantial ... I mean really low off their highs. Like 30-40% reductions in most cases. They've lost so much value already compared to 2021. It seems so weird to think these REITS are all going down HARD from this point, like Chris is suggesting, and to make it even weirder I'm to believe this REIT drop will occur while simultaneously the fed cuts rates. Every time the fed cuts rates that puts wind in the sails of the REITS, in my simple understanding. Please help, but please don't be an ass - correct me by showing me why this would happen. Specifically, what is going to cause other REIT investors to sell, thus crashing their respective stock prices from here.
Thank you David, great interview
I’m in the uk. My 5 year mortgage is coming to a close in a month. I used to pay 4.25% capital plus interest. It’s jumping to 10%. I can’t charge my tenant double the rent. No one is buying. I’m scwoowd.
@DavidLinReport. Get Phill Anderson on to talk about the 18.6 year real estate cycle. Australian real estate expert. We're in the last two years 👍🚀💥
This is the 4th Turning of real estate. It is going to be generational
Chris has successfully predicted 20 out of the last 0 crashes 🤦♂️
💯
A couple of months left of upside, then a crash to rival 1929.
bingo!
On an election year with the big spend president lookiing to get an office 1929 crash ok....
@@BiiYAAAA7.8 Trillion
Agree, but disagree on your timing. Show me someone who can time the market….
Long duration bonds are starting to continue their breakout
He’s right about poor people and treating your property poorly.
Thanks David! Great interview....
Video has been out for 1 minute yet 12 viewers and 12 likes already?
So what
Bots.
Sheeple.
@@kevinconroy6606 Lil sus sir!
Foreclosures are good for rent prices yeah ?
Mmmm, in what way? A small number of foreclosures don't really do much. Note that a home bought in foreclosure may only be a few % below market, if at all. So they may have almost no impact on the MLS or neighborhood statistics. Now that completely changes in a crisis period.
If there is a waitlist, why waste money for advertising?
There will be a pivot to precious metals and mining stocks
If this happens..itll take years. Thats s big if though. I dont think the government will let things unfold like it did in 07-09.
When when when.....
It's empty arguments if you can't point to a timeline because if the system can be manipulated then it may never happen.
Admire these folks.
People can’t afford McDonalds now. That the difference now this time
Great guest!
Chris Vermeulen has been talking about this crisis for last 2 years..
Canada is short 1 million housing units. USA is short 4.5 million housing units. House prices are going up. Stock markets could tank though because real inflation is at 5%+/year. And the Fed can't hide it anymore.
House prices are NOT going up in Florida, they are dropping!
Adjustable rate mortgages should be illegal.
My favorite guest!!! Let’s Goooooo
It baffles me that these guys show Real Estate etfs and spend much of the time talking about houses. The real estate etfs are filled with data center companies, tower reits, ecommerce warehouse reits, and some retail reits like O that are doing great. These companies are doing well. I'm stopped watching once he showed the RE etf while talking about houses.
Excellent, thank you!
what about bitcoin?
Leveraged homeowners just walk away. The banks/financial systems take the hit. The loss is then spread over the entire population through the bail out process. In this process none of the money disappears. Where does it go? Think about it.
Any and all new homes, multifamily or not, are all for the newcomers
What about bitcoin Chris?
I agree with Chris, I too would do 100% in/out of one thing
But how does he know when to get out? and when to get back in? ... isn't that gambling?
16:09 cities LOVE IT because permits = $ without much thought about demographics, population flow and/or income/job growth…
stop saying "risk assets overbought" just to push a sponsor
Canadian market not pertinent to the US.
Greater depression q3/4 24. Then hyperinflation
Semiconductors are a highly cyclical sector, so I wouldn't count on them to weather any serious economic storms no matter how hot they are at the moment.
bingo!
I know im buying gold and silver big big right now
🚨 Global deflationary depression confirmed 🚨
Derivatives a being downgraded.
Just watched another channel's market report where he showed statistics showing the rate of delinquent mortgages are actually low 🥴
simple: dont borrow money that you cannot afford to pay back. Never max out on credit because credit is actually debt.
so its time to buy into NVDA lol
What about taxes?
Essential corporate stores like CVS and McDonald’s will go belly up with Americans this broke. Shit will start rolling uphill.
If the market crashes most people will be so scared they will not buy. The smaller investors have spent all their money and will sell what they have for whatever they can get and not be able to take advantage of the crash and who knows maybe prices will never go back up again!. People will not have any money and the crashes will be regional
like 2008 again
It’s all cycle 🔄 relax, grab your 🍿
You have to define "crash". If -10% is a crash, buyers will flock in. We're seeing that right now any time rates dip a bit.
Forfieture for shure ❤❤❤❤❤
He’s projecting this to happen in 3-4 years…
Christ has successfully predicted 20 out of the last 0 crashes….
LOL
Exactly, negative news gets views. This channel has had non stop armageddon predictions for the last year.
@@slimpickens8589that's because winter is coming fool. Let me guess, you have a portfolio that is 90% NVDA calls
@@slimpickens8589bs. It’s cuz they see warning signs. If they could time it perfectly, why do they talk about in this channel?
The end is here! Picking up Pennies in front of a steamroller at this point. People are greedy! Wow
Govt like to find easy way out to protect the asset value so they will jsut extend the loan term -50 yrs mortgage loan eventually.
that wont even kick the can too far
I think the 18 year real estate cycle is accurate. Crash coming around 2026
Bottom signal. Thanks 👍
I'll be loading calls tomorrow
nvidia to 200 would be what, like 5.5 trillion? I dont think thats realistic or healthy
WELLS FARGO RUN ON BANK TODAY I READ