Unless they can grant a 40% discount on the house that was $500K in 2019 but now is $800K due to the Ponzi, most 1st home buyers and new families are not interested.
Spot on. I’m in this situation and I’m so over the ponzi and now have no intention anytime soon of being exit liquidity and helping to maintain these crazy stupid high prices. Can’t wait to see it all come crashing down!!
@@jez0084like all those people who waited for the past 100 years in Australia? Instead of buying multiple and setting yourself up for financial freedom? Lol keep waiting bud we will flick you a dollar coin when we see you homeless in the CBD
In the early 1990s, when I purchased my first residence in Miami, mortgage rates were commonly in the 8-10% range. Today’s market participants must recognize that the historically low rates of 3% may not return. If sellers are compelled to list their properties, market dynamics will likely drive prices downward, leading to reduced valuations-this is a sentiment that many in the industry share.
The situation is poised to become more challenging. Affordable housing will soon become a misnomer. My advice for anyone considering a move is to act promptly, as current prices may appear as bargains in the near future. Until the Federal Reserve takes more decisive action, inflationary pressures could drive significant market instability. Partial measures won’t suffice to stabilize the situation.
While a price correction in the housing market seems inevitable, in the short term, it may be prudent to reallocate capital from real estate to other asset classes, such as equities or commodities like gold. Interest rates have escalated dramatically, economic indicators suggest a recession, and tighter mortgage underwriting standards are adding pressure. A price reduction of 40-50% may be necessary before the market finds equilibrium. For those at a financial crossroads, it's advisable to consult with an independent financial expert who is well-versed in current market conditions.
Although a housing market price correction appears imminent, it might be wise in the near term to shift investments from real estate to alternative asset classes like stocks or commodities such as gold. With a significant increase in interest rates, indicators pointing towards a recession, and stricter mortgage underwriting criteria, there is added strain. It may require a price drop of 40-50% for the market to stabilize. For individuals facing financial uncertainty, seeking advice from an independent financial specialist familiar with prevailing market conditions is recommended.
In my opinion, home prices need to decrease by at least 40% before the market finds balance. For those unsure about buying property right now, seeking advice from an experienced financial advisor for optimal portfolio allocation is crucial. This approach has worked for me-I’ve managed to stay profitable over the past five years, accumulating nearly $1 million in investment returns.
@@AdamJones381 Where the girls are hot and its cheap to rent,sell up and go with 500k...should last 10 years on 25k budget,then get pension in 10 years at 67...
Great vid. I found it hard to hear and follow comfortably. The background music just a bit off putting or a bit lound. Thanks for the vid though 👍
Thanks for your feedback. I'll definitely keep it in mind.
Unless they can grant a 40% discount on the house that was $500K in 2019 but now is $800K due to the Ponzi, most 1st home buyers and new families are not interested.
Spot on. I’m in this situation and I’m so over the ponzi and now have no intention anytime soon of being exit liquidity and helping to maintain these crazy stupid high prices. Can’t wait to see it all come crashing down!!
@@jez0084like all those people who waited for the past 100 years in Australia? Instead of buying multiple and setting yourself up for financial freedom? Lol keep waiting bud we will flick you a dollar coin when we see you homeless in the CBD
In the early 1990s, when I purchased my first residence in Miami, mortgage rates were commonly in the 8-10% range. Today’s market participants must recognize that the historically low rates of 3% may not return. If sellers are compelled to list their properties, market dynamics will likely drive prices downward, leading to reduced valuations-this is a sentiment that many in the industry share.
The situation is poised to become more challenging. Affordable housing will soon become a misnomer. My advice for anyone considering a move is to act promptly, as current prices may appear as bargains in the near future. Until the Federal Reserve takes more decisive action, inflationary pressures could drive significant market instability. Partial measures won’t suffice to stabilize the situation.
While a price correction in the housing market seems inevitable, in the short term, it may be prudent to reallocate capital from real estate to other asset classes, such as equities or commodities like gold. Interest rates have escalated dramatically, economic indicators suggest a recession, and tighter mortgage underwriting standards are adding pressure. A price reduction of 40-50% may be necessary before the market finds equilibrium. For those at a financial crossroads, it's advisable to consult with an independent financial expert who is well-versed in current market conditions.
Although a housing market price correction appears imminent, it might be wise in the near term to shift investments from real estate to alternative asset classes like stocks or commodities such as gold. With a significant increase in interest rates, indicators pointing towards a recession, and stricter mortgage underwriting criteria, there is added strain. It may require a price drop of 40-50% for the market to stabilize. For individuals facing financial uncertainty, seeking advice from an independent financial specialist familiar with prevailing market conditions is recommended.
In my opinion, home prices need to decrease by at least 40% before the market finds balance. For those unsure about buying property right now, seeking advice from an experienced financial advisor for optimal portfolio allocation is crucial. This approach has worked for me-I’ve managed to stay profitable over the past five years, accumulating nearly $1 million in investment returns.
How can I find a trusted financial planner like yours?
Prices to the moon !!!
grant = inflation = more poor people?!
Yep. Grants only help to maintain high prices and keep the ponzi going.
Regional Victoria 20K grant ?? This was ended in 2021. Pls correct
Thanks! its actually $10,000 now.
Not spoken very audibly and hard to hear clearly.
Sorry will try to speak slower in the future
No thanks,i will just move over seas and rent...
Where are you planning to go?
@@AdamJones381 Where the girls are hot and its cheap to rent,sell up and go with 500k...should last 10 years on 25k budget,then get pension in 10 years at 67...