Tbh at this point i gave up on buying a house for now just gonna keep living with my parents and keep saving. If by when i retire the situation remains jist move to another country and call it a day.
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in losing funds...... But James werden,restored hope his a good man
Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.
Thank you Jesus for the gift of life and Blessings upon me and my family.43k weekly profit, Our lord Jesus have lifted up my Life!!!All thanks to Mrs Kathy Lien..
In other words… we want to speculate on ever increasing high price large homes built by illegal immigrants so investor can buy them and rent them out while Americans are homeless.
That's economic theory in an an isolated bubble. You need to overlay it with: 1) how many people can afford homes at current prices, let alone with an increase. 2) is there actually a shortage or is it artificial? I think sales can't go up until middle class salaries do some serious jumping. And I don't see a real shortage, I see older people with one or two people leaving in 4-5 bedroom/2 bath houses because they can't afford to downsize due to the same housing bubble we're discussing. That's not a real shortage. Parts of eastern Europe had an actual housing shortage in the 80s, where you had to live with your parents after school not because you couldn't afford an apartment, but because of a lack of apartments available for everyone looking. That's very much the opposite of what's going on right now
My first condominium while new and affordable suffered a mortgage paying 12.5%. It was a variable rate loan which fell year after year to about 6.5%. As the mortgage rate fell, the value of my home rose by 36%. My most recent home I again bought with a variable rate loan, 2.75% adjustable after five years. With mortgage rates that low, in the term of the mortgage, the value of the home rose 64% to its current value. My experience tells me so.
@@PRT709 OK but this sort of math can't continue exponentially forever and is capped at when home prices get around 6X the median household income because people literally can't afford the houses, even if the rate is 0%. We hit a point where homes were 8X the average household income, which is why sales hit a 30 year low. Also if you held houses this long with those rates, your going back to historic prices where things were (can't even imagine this now) cheap! Again, cant extrapolate that forward, unless you think houses can get so expensive that we have 400 year mortgages.
I have stated the same prediction a week or so ago. We need to build more new homes and keep on lowering interest rates. But lowering interest rates might spike inflation.
That's the old theory people keep saying and it's not helping because it's not aligning with reality. In reality, we had insane price increases due to rich people leaving cities in a rush during covid, and now greedy home sellers/realtors treating those insanely high prices as some new floor/"comp" and refusing to lower prices, no matter if only 2% of households can afford their mediocre house. This is very much not solvable by tweaking interest rates. Also people keep forgetting housing is not prices on supply/demand, it's based on comps. A real estate agent will always pick the highest price sale in the area and will refuse to budge from there. The issue now is, the comps are people who left places like NYC in a mad rush and paid $700K for houses that were $400K pre-covid. And now sellers are pretending $700K is the natural price for their house even though only a few percent of households can afford it
I'm eagerly anticipating a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also thinking about investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen substantial trading profits, but there are worries about the market's instability and the possibility of a dead cat bounce. Can you explain why this market phenomenon happens?
You're not making mistakes; you just don't have the know-how to profit in a tough market. In such challenging times, only highly experienced individuals who went through the 2018 financial crisis can anticipate making significant profits.
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.
“Jessica Dawn Walters” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I am exiting from my rental property business, as my insurance and taxes are more than my mortgages, and It’s only becoming speculative the money I would make is only on application and not cash flow anymore.
1. High federal government deficit, means when they auction bonds, they have to pay higher interest rates to the buyers because of the risk of potential future defaults. The mortgage rates are benchmarked against the 10 year bond. 2. Higher inflation due to potential higher tariffs in 2025. Due to Fed rate cuts ur credit card and savings rate are the only rates impacted and would go down.
Honest, straight forward answers. She didn't sugar coat it. Thanks
Merry Christmas! Enjoy renting forever. She was brutal. LOL.
Tbh at this point i gave up on buying a house for now just gonna keep living with my parents and keep saving. If by when i retire the situation remains jist move to another country and call it a day.
End the flipper and Investor epidemic
Can we make her answer all economy related questions on CNBC? Love the clear answers
I’m favoured financially with Bitcoin ETFs,Thank you buddy.$63,700 biweekly profit regardless of how bad it gets on the economy
How please!? If it’s possible, I would appreciate if you show me how to go about it
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in losing funds...... But James werden,restored hope his a good man
I’m not here to converse for him to testify just for what I’m sure of,he’s trustworthy and best option ever seen.
Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.
Wow, that’s very nice. Please how can i be able to reach out to your broker. My income is in a mess please
Florida condo HOA fees going to $2000 months within 3 years
Now people realize how a matket crash is feasable. Unnafordability
Thank you Jesus for the gift of life and Blessings upon me and my family.43k weekly profit, Our lord Jesus have lifted up my Life!!!All thanks to Mrs Kathy Lien..
Haha I don’t have a mortgage mortgage dirty word
So basically, normal people will never be able to afford a nice home
Blame trump
This is what happens when you increae the money supply by 40%
In other words… we want to speculate on ever increasing high price large homes built by illegal immigrants so investor can buy them and rent them out while Americans are homeless.
CNBC has a theme, its always Trumps fault.
Loosen your fanny pack, you aren’t paying attention if that’s your take
When mortgage rates decline, home prices rise. Unless supply rises as well, affordability may not be affected.
That's economic theory in an an isolated bubble. You need to overlay it with: 1) how many people can afford homes at current prices, let alone with an increase. 2) is there actually a shortage or is it artificial? I think sales can't go up until middle class salaries do some serious jumping. And I don't see a real shortage, I see older people with one or two people leaving in 4-5 bedroom/2 bath houses because they can't afford to downsize due to the same housing bubble we're discussing. That's not a real shortage. Parts of eastern Europe had an actual housing shortage in the 80s, where you had to live with your parents after school not because you couldn't afford an apartment, but because of a lack of apartments available for everyone looking. That's very much the opposite of what's going on right now
My first condominium while new and affordable suffered a mortgage paying 12.5%. It was a variable rate loan which fell year after year to about 6.5%. As the mortgage rate fell, the value of my home rose by 36%. My most recent home I again bought with a variable rate loan, 2.75% adjustable after five years. With mortgage rates that low, in the term of the mortgage, the value of the home rose 64% to its current value. My experience tells me so.
@@PRT709 OK but this sort of math can't continue exponentially forever and is capped at when home prices get around 6X the median household income because people literally can't afford the houses, even if the rate is 0%. We hit a point where homes were 8X the average household income, which is why sales hit a 30 year low.
Also if you held houses this long with those rates, your going back to historic prices where things were (can't even imagine this now) cheap! Again, cant extrapolate that forward, unless you think houses can get so expensive that we have 400 year mortgages.
I have stated the same prediction a week or so ago. We need to build more new homes and keep on lowering interest rates. But lowering interest rates might spike inflation.
Affordable housing?
That's the old theory people keep saying and it's not helping because it's not aligning with reality. In reality, we had insane price increases due to rich people leaving cities in a rush during covid, and now greedy home sellers/realtors treating those insanely high prices as some new floor/"comp" and refusing to lower prices, no matter if only 2% of households can afford their mediocre house. This is very much not solvable by tweaking interest rates. Also people keep forgetting housing is not prices on supply/demand, it's based on comps. A real estate agent will always pick the highest price sale in the area and will refuse to budge from there. The issue now is, the comps are people who left places like NYC in a mad rush and paid $700K for houses that were $400K pre-covid. And now sellers are pretending $700K is the natural price for their house even though only a few percent of households can afford it
I'm eagerly anticipating a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also thinking about investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen substantial trading profits, but there are worries about the market's instability and the possibility of a dead cat bounce. Can you explain why this market phenomenon happens?
You're not making mistakes; you just don't have the know-how to profit in a tough market. In such challenging times, only highly experienced individuals who went through the 2018 financial crisis can anticipate making significant profits.
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.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
“Jessica Dawn Walters” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I am exiting from my rental property business, as my insurance and taxes are more than my mortgages, and It’s only becoming speculative the money I would make is only on application and not cash flow anymore.
Consider Bitcoin. Digital real estate
Insurance companies have to raise rates to cover the artificially over priced homes.
Is there an expert that can provide concise, non-biased, explanation of why mortgage rates have not decreased as expected, even after fed rate cuts?
1. High federal government deficit, means when they auction bonds, they have to pay higher interest rates to the buyers because of the risk of potential future defaults. The mortgage rates are benchmarked against the 10 year bond. 2. Higher inflation due to potential higher tariffs in 2025.
Due to Fed rate cuts ur credit card and savings rate are the only rates impacted and would go down.
Wait until the 10 year hits 6% 😀
Here in Brevard county Florida. They keep building houses even thou many on the market.
I sold my Florida condo at the top and moved to Mexico. I love it