Expert warns of 'meaningful' damage in housing market that's 'not normal'
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- เผยแพร่เมื่อ 30 ก.ย. 2024
- Pulte Capital CEO Bill Pulte discusses the housing and construction market as the U.S. 30-year fixed mortgage rate falls for the fourth week in a row at 6.1% on ‘Mornings with Maria.’#foxbusiness
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A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@Bill These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
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In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other statement. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.
Without a doubt, the Fed is to blame for the exceptional catch-up measures currently in place since they were initially too slow to control inflation. The outbreak, supply-chain issues, and the state of Ukraine are all contributing reasons to the impending inflation perfect storm. Not to mention the steep rise in housing costs, another aspect that makes it difficult for the Fed to keep inflation under control. In conclusion, if you have the money, remove it quickly away to take advantage of the high savings rate.
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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.
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It literally impossible for young generation to purchase a home & start a family with high college costs & super-high mortgages. We need the Feds to continue increasing the mortgage rates to lower housing cost.
Or get good jobs that does not require college
@@wyatt9619 think about what a good job paid when you bought and your home. Now think about what a good job pays now and your home price. It's not that hard to understand that one has increased much more than the other. Younger generations will do their best to navigate a very difficult situation. But stop pretending you are better or smarter than people who weren't liquid and cash flowing during the one year in decades where the divider was placed between owners and renters. You didn't earn that difference, it's just timing and luck. You should be rooting for them not mocking them.
Average Household Income in America is nearing $50,000.00.
Average US Home Price $400,000.00 . A little bit of a disparity i would say .
I think you're going to see the necessity of 40 and 50 year mortgages soon.
At today’s financing rates especially!
We don’t need longer mortgages. We need lower prices
@@jfausset The problem is the loss has to go somewhere. For you to get lower prices someone has to take the loss. Is that the banks? Government (taxpayers) again?
You can't magically create lower prices.
And like all the suckers who drained every penny of equity out of their homes, someone will be the customer when the 40 and 50 year mortgages eventually come into existence.
@@Shadow_Banned_Conservative bought a home in 2015 for 138k just sold it 7 years later for 248k 😍😍
We need a correction. Home prices and rents are not affordable for most.
Perhaps the correction lies with the people that did not get an education and make a career path. All others will be left behind.
@@randymillhouse791 People who make 6 figures can't afford a home galaxy brain. That's not "normal".
Yes they must interview ordinary peoples to understand
@@randymillhouse791 Everybody will be left behind if housing prices continue to rise, even those with no compassion or brains.
@@randymillhouse791 can you stop spamming this entire comment section? We get it.. you bought a home and are hoping the value goes up. Doesn't mean you need to literally comment 50+ times to anyone remotely hoping for a crash about how they should "get a better job, there, ur problems solved durrrrr". Stop spamming, stop trolling. Seriously.. I've read this entire comment section and I don't even need to look for a username anymore.. if it's a negative comment, 99 times out of 100 its you.
Sweet...6% mortgage rates. Who cares when homes are overpriced by 30% -50%? People are dumb paying these ridiculous prices for homes!
My 50K equity disagrees.
@@randymillhouse791 Buy more homes then right now galaxy brain. I'll laugh at you in 2 years.
@@randymillhouse791 and you believe thats alot of money ? Ha
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Good. Crash the housing market.
the housing market is doomed
Nope. It's not. Interest rates will crash, but NOT home values. This is the new normal.
@@angel-ij4xv nah lol
Who are these people who can afford a home that has gone up 40% in 2 years and now 6% interest? I'm priced out of the market.
Who you ask... I'm sure the People who's home went up in value 40% and sold when the market hopping up like jumping jax had some new found cash . A lot of of the homes that were bought were investment properties , rentals etc . Not just families looking to relocate. ..
Exactly. I'm stoked about things falling because of this.
@@katwilliams2950 other previous home owners lol
Investors buying the top
I'm that people. Closed Dec 2022. 439K House at 6.1% with No Money Down. Why is it so hard to believe..??? It's not hard.
Housing prices need to go down 40% to make any sense. Crash it, please.
There's not enough homes being built. The prices you see today are here forever.
@Sierra Sky BS i bet you maximum 2 years we'll see the 40% reduction
Yes, needs 30-40% fall ASAP. Must squash expectation that housing prices only go up. Housing “values” increasing sounds good but it’s not! That tax free and effort free gain you’re making comes from the buyer, who is statistically less wealthy and established than the seller. Price appreciation NOT a good thing
Sure, I have a one-hundred-dollar bill I don't really need. I'll sell it to you for sixty bucks. Is there ANYTHING MORE THAT I CAN DO FOR YOU? Or perhaps my offer makes you feel angry and motivated to make a positive change in your life.
@@unknowndriver6652 I'm telling you. They don't build enough houses to keep up with demand. We're ten years behind. It's from the 2008 debacle it's still haunting us today.
We need lower mortgage rates and homes under $200k
Exactly.
lol.. Yea i want a new porsche for 10k... but not going to happen.
Get a time machine.
No, we don't. Milk used to cost 50 cents per gallon once. NOT ANYMORE! You need to make a life for yourself to adjust to the new reality of milk and home prices.
And I need two girls at the same time, but it’s not going to happen…
After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder, as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking intrest rates even if the economy slows down, Which means more red ink for portfolios for the first quarter of year 2023. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $250k bond/stocck portfolio
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Buy gold. Physical if you can. Mining stocks as well.
Anyone getting into buying a house is crazy right now!
We are stuck with higher home prices ? Avg new build is $524,000?? That’s expensive for anyone!!
Do yourself a favor and skip over any comment from "Randy Millhouse". The guy has spammed this entire section with negativity to the point he's a borderline troll.
Home prices going up 40-100% is not normal either, wounder why no complaints then? Oh, and record earrings for home builders, I thought they were all going out of business...
300% in some parts down here in South Florida.
Now, you know and understand why volker raised rates to 20%. If you don’t banks will find a way to get things done if rates stay low. I’m seeing a lot of the 1970-80 inflation in today’s inflation. I’ve been wanting Powell to jump the rate to 12-15% and actually pull a volker. But, he is no volker! More middle class people will be destroyed before someone has the brass one to do what is needed.
1970s style recession is a disgraceful joke some of these economist say homes were surely crashing 18%+ in several states we were strapping on masks and nuclear war was a real concern .... the our roaring 20s in the 2010s the largest expansion ever in history with a plaque after it makes you think a depression however the goverment does things differently today so it would just be a great recession II
America's way out is to slash government spending and limit social programs and reduce or at a minimum cap government pensions. But the odds of America getting fixed requires political bi partisan support. So, goodbye America. It has been fun!
@@thomasmanning829 u have no idea whats unfolding right now
👏🏼 well said
so true!! Inflation isn’t going down. This is basic stuff
Don't sell a single thing to this guy ever. Need to see who the companies that black rock owns as well. Who are the companies that in their portfolio. We need to sell to each other only and not let the lure of convenance take you.
A lot of developers and investors are the ones to blame for this crazy market. They hold and pump these prices hurting regular Home sales.
true!
good we need cheeper houses, you can't even rent the American dream anymore.its madness at its peak. greed greed greed,
You expected MORE from the USA?
70% of mortgage holders have an interest rate below 4%. Inventory is going to stay low throughout the year.
Inventory levels are healthy. New construction is at all time highs. Wth are you talking about?
This is so stupid. Nobody can buy a home for 800,000. It doesn't matter what the interest rate is.
Supply and demand. Evidently some people can.
No with $40k per year property taxes to boot (NJ)
@@lukethompson5558 exactly. even the rich and super rich are outraged. that's when you know something's wrong.
@@muskduh It’s actually much worse than China’s land-lease system because in the US, they can jack it up at any time! At least in China, their land-leases have guaranteed amounts for 50 years! And China doesn’t penalize you for fixing up your house. The entire US is essentially owned by the gov and actually much MORE communist than communist China!
Interest rates are a joke at this point. The working and middle class (if that even exists anymore) are getting pulled underwater. The idea of owning a home is a pipe dream for many. No wonder you're seeing people buying land, doing the off grid thing, living in their cars. This market environment is a sh--- show.
You will own nothing, and you will be happy.
6% interest rates are NOT historically high. Perhaps the joke is that you are not doing anything to work your way out of whatever situation you may be in.
Tell us all what you are doing to make a life for yourself in the RICHEST COUNTRY IN THE WORLD. If one cannot make it here, then..... hmmmmm.
@@randymillhouse791 Housing market needs to crash galaxy brain.
Historically it's been double and almost triple that during the Regan presidency
@@SeanDiego It was double during Regan only because of Carter's policies before him and Paul Volcker doing his stupidity.
no crash in my area, i am already expecting another bidding war scenario based on the last two homes we were interested in.
Another so-called faux expert, huh? Interesting that they're all X employees! LMAO
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I wish the Fed would keep raising rates.
You obviously aren't looking for a house
@@smetlogik I’m looking for a home. And I agree. Keep pushing rates up! So home prices will fall
@@SurferTy You're relying on the hope that home prices will fall enough to compensate for the higher rates. Not sure that will happen.
@@smetlogik nope..
I want prices to come down and i will buy at a lower price. For rates, they will come down eventually, at that time, i will refinance at a lower rate.
@@SurferTy I get you. Def a strategy, but all those scenarios are dependent upon the overall market turning more toward buyers. Hope you're right.
Here in Australia's major cities house prices have been in decline over the past 8 months, by about 10% since May, and are exoec
That's great news for us little guys working with cash, we need more foreclosures. The more people are losing their homes the more inventory we'll have to pick through. The 08 recession brings back fond memories of a lot of backbreaking but profitable work for those of us that were willing to put in the effort.
Some people may think it's mean to profit off of others suffering but everyone should understand if 81 million people voted for that idiot I'm certainly not going to have any sympathy for them.
Bcz people losing their homes don't mean going back in market cheap booooooo remember after 2008 every single loan has a mortgage insurance pay by home owner every month protecting bank money so bank are happy with a foreclosure bcz collection all full amount of loans plust thausand on down payment and years owner pay in interest over loan to them so banks allways are real winner end day 🏆
It amazes me to say kuddos to my parents who bought a home with high interest rates back in the mid 70’s -80’s with a limited income and people are crying over 6-7%. It’s time to get back to normalcy with housing prices…Lack of education with financial freedom and success.
Mortgage rates started high at the beginning of the 1970s, around 7.3%, according to Freddie Mac's historical data. Plagued by high inflation and the costly economic impact of the Vietnam War, average mortgage rates reached 12.9% by 1979.
Interest rate buydowns are just a last ditch effort to hold prices high. Anyone going for that is doing themselves a disservice.
Those rates will rise back up. Look at the U.S. Debt clock. It continues to climb. The bigger debt the harder the fall. Americans have been screwed. Those who don't protect themselves from government incompetence will be destroyed.
Those who don't plan properly you mean...
Maria. You can't have housing prices go up or remain stable if the Public can't afford the purchase prices or the mortgage payment schedule.
There will be no crash, it's a scam. 5% off a house that is overvalued by 400% is not a crash.
Easy, wait until people start losing their homes and companies come along and buy them up.
Americans are in debt more with credit cards no more than ever. In the layoffs have only just begun.
And storage units are bursting at the seams with AMERICAN'S "STUFF!"
Your home should be around 3x your annual income before theft.
The biggest crash of our lifetime is coming....why dont you spread that news
If Donald J Trump was still in the WH, we wouldn't be going through all this freaking mega mess we are in now.
How is housing coming down 10% after 40%+ gains last year meaningful damage?
The people that are still buying homes right now are really going to regret it.
Exactly
Could you explain a little more? Much appreciated!
@@barbarailarpenter6815 What you have is the perfect storm of inflation, high interest rates, and a falsely secure job market. If unemployment rises even 1% (a guarantee now that rates have risen), home values will decline sharply. There is a real chance of a serious recession, especially when you factor in personal debt is at an all time high, and personal savings are at an all time low.
@@nickvin7447 thank you.
Great help.
other news, water wet.... Of course it will slow down, that is the Fed's intention is to slow it down with high interest rates
At .25 at a time they are not going to do that. The system needs a shock.. not a light tap on the shoulder.
Anyone else notice that Bill said “MARIA” 12 times in a 6m15s interview? It was kind of creepy where he would inject her name in the middle of a sentence.
Perhaps Bill is smitten with Maria.
Maria, Maria, I just met a girl named Maria!
Maria also said Bill many times, weird dynamic all around
A CEO giving advice on the housing market. Nah, he's not biased. Good grief. Fox is a joke.
It's like going to a car salesman to ask if now is a good time to buy.
The problem with the housing market is the flipper generation. They buy a house for $200k and without any updates or marginal updates turn around and sell it for $330k a couple of weeks later. That should be taxed with 80%
They are taxed on capital gains. It is not their fault your government printed free money.
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So dumb - it's... dumb.
@@svencejohanson9051 interesting name.
Are you a flipping flipper?
uh flipper generation? maybe its just good business... but as Nick said its our fault for electing morons that print dollars, both sides are to blame
Nothing will happen. Everytime they drop .25% its one more person in the bidding wars for higher property prices. When it gets down to 4% it will be much higher than pandemic prices and 100 people bidding on the porches of any available property (along with the all cash hedgefund and private equity all cash buyers). There is no damage, its all unrealized numbers on a screen.
You must not have been in the RE market in 2008-2013.
@@networth00 I was. I owned a house and 2 rental properties during the crash. Non of the variables of 2008 are here today. That crash was caused by subprime lending which was made illegal and replaced with DTI qualification. The second variable was the side bets on credit swap derivatives that were made illegal by the worst legislation mankind has ever written, the Dodd Frank act. So none of those variables that caused the crash are here, and we know from many historical data points that even IF the Fed can get to full employment there will not be near enough foreclosures to cause a crash. Also bank REOs are for the most part not publicly available anymore as they are offered and snapped up at slight 5% discounts to all cash private equity and hedge fund buyers. That's why 2008 doesn't matter either in this market.
@@dogegamer3288 A bad market is a bad market. When homes tripled in value (and they did here in S Florida) there will be a big crash coming.
@@networth00 Not necessarily. We are not anywhere near the values in Florida where San Francisco, Hong Kong, Sydney, London are at. There are orders of magnitude to before we even get close to those levels. It takes about 20 years for a family to save for a down payment on a 600 sq ft apartment in Hong Kong. We have a great deal of room for growth over the next decade without a crash. Prices could skyrocket far beyond what people are accustomed to without ever crashing.
@@dogegamer3288 If that's the case no one young will ever buy a house. National home price is $500k and Natl salary is $50k, that's not sustainable.
how can we pass on savings to the consumer he asks??? By lowering the price....
Interest rates buy down are only good for two to four years. Don’t fall for their sales pitches
Most people refi within 3-5 years therefore in actuality someone buying at 6% now could be lower within that time frame or sell all together prior to the rate hike in case they don't go beneath 6% which is unlikely
@@SeanDiegothat’s only If the property still holds its value by than.
@@rastaman7140 each market is different so variables will be at play but as far as San Diego and mostly CA. Values will recover somewhat or fully during that timeline. Great time to buy for someone who is staying out for 5-10 years
u all are 10 years+ behind....
Houses are like a ball and chain that you dump money into. For most people, paying more than 300,000 for a house than they really like would be foolish.
Sounds like somebody a poultry group whatever they’re called got caught with their fingers in the cookie jar!
Home prices have run up 40% since pre Covid while wage increases have gone up measly single digits. Until home prices come down to pre pandemic levels we’re not in a housing recession.
How has housing not crashed yet?! Keep raising rates
I bought a house at 4.25%. If I had the chance to do so at 6% I would also do it. Where do you get your information from?
@@randymillhouse791 Then they need to keep hiking so people like you stop buying
Are you buying a house in California as a first time home buyer? No money for down or closings are needed b/c California will provide to you 20% of the purchase price for that needed down payment (silent 2nd until the house is SOLD).
The only encouragement is homes need to drop back to $250K as the median home price in America for a nice 3/2 with 1,900 SF. Until then - they can keep the homes they have. I hope the people that bought homes in 2020-2023 learn that the real value of the home is the price it was in 2019 NOT the government inflated prices over the last three years.
Prohibit funds and corporations and people without US social security number from buying single family homes. Otherwise, people will not create families and children because people do not have houses for creating families. We will lose family's values and morals because of funds. We will become a Funds society. People can not compete with funds. Is it fair that one person from a fund owns millions of single family homes?
Lower rates is just the carrot at the end of the stick. The house price is still the number one thing people should be watching. That rebound will come in 3 -4 years.
We haven't started the real decline yet.
No bailout, policymakers need to do ceiling capital for investors and builders, cap on AirBnBs, rental ceilings and floors, experts are fake we have a secretary of treasury that backpeddles and the central bank that won’t budge and keep pushing cash outward. No bailout
Basic housing has been speculative for many years now. To prop up wall street. That's why people are on the dole. All the stockholders are rich beyond the average person's wildest dreams while others live in autos, tents, storm drain Just a correction to reality. So we can start to work again. Forex volatility should be confined to forex not Basic housing.
Oh yes 8 tenths of one percent down is hardly worth talking about. Yes the real estate market is turning down. It is too expensive for working families to support a mortgage at these home prices. And that is at the reduced rates let alone these massively increased rates.
He expects us to give kudos to the builders and feel sorry because they are using their money (which they borrowed at super low rates) to buy down buyers rates??🤣 You are paying the buy down to manipulate your high home prices and keep those prices high. Go fool someone else.
Homeless rates gonna keep going up if builders don't start building many many small inexpensive homes. Got to get a hold on real estate greed an building mansions with 6 bedrooms where 3 people live in a home. Huge problem....
A lot of these builders are constructing cheaply built houses and apartments.... SAD.....
Making money is an action. Keeping money is behavior. Growing money is knowledge..
when you have a good skill, it is normal that you can go global and your name is recommended to so many people and from what i've heard about Mr. Greg Miller, his strategies must be really good .
How do you make money? Do you print it? The only entity which makes money (USD to be specific) is the federal government.
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Prices too high , needs to come down pre 2008 levels.
That will never happen again in our lifetime
@@jonathancarr4296 Hahaha! Just wait and see.
If we can’t sell our existing home, one can’t purchase a new home. Just sayin
With the current pricing on houses, the American dream is just that, a dream. Nobody can afford a single family starting in the $450s.
You can buy a home in the area I live (1.5 hours from Houston) for $275,000. And it’s move in ready.
Perhaps your standards are too high. Perhaps the info you received from this video or elsewhere is NOT REALITY. What have you done to better your situation?
@@randymillhouse791 that price is what I see advertised daily driving through PA, DE and MD. It was worse when I delivered to NJ as the one bedroom apartments were starting at $240k.
My goal is get a piece of property that I'm looking at for $130-145k and build the house myself.
@@msa4548 Good luck. I retired 3 yrs ago. House is paid for
Just bought a small lakefront lot in Florida for 45k . Going to build my own 600 SQ ft house for a weekend place.
Cost : ~$10k in materials for entire shell unfinished on inside
Another 20k to finish it
Prices are insane- partly due to supply and demand, partly to Greed.
It's not sustainable to the majority, there will be a crash
450K is actually a great deal in this market for a single home. Especially if it's in a good area...
What this Pulte guy doesn't tell you is the interest rate buy down only cushion your first year or so, but after that you get reset to market rate! Real estate is going to crash this year 100000%
It says fixed 6.1
Very good point. The buy-down is only for 1 year. I hope the buyers read the fine print of their contracts...
we live in an apartment. 4 income sharing 2400 $ rent. we can afford it. who i feel sorry for are people who have to pay it themselves.
Wtf was that tangent about being harassed? Stay away from poultry group
Where do we devour for debt. To shore it's gonna come from those who have. Simple math.
It’s all about rates on the upside but we never give credit for success to the fed on the upside
Sticker Shock for Rent is Worse!! Gut it out and Buy!!
Cry me a river. I want my first home but can't do to these investors and greedy real estate agents
Timing is everything. In 2008, I missed the bubble and lost money on a rental property I was selling This time around I cashed in and unloaded a small 2b/1bath 1000sq ft home last year Made 2.5x what I paid for it
Capitalism at it's finest in today's world. It breeds nothing but absolute pure Greed. While you made money you knowingly screwed the family you sold it to but hey, you made your profit right? I hope you meet an untimely end my friend.
there is a huge downturn in motion as of 2023.
Yes they bring it to 4% but they add it to the price tag
Nope not normal since 2007
Housing market is going to crash
Homebuilders in my market charge $350/sq foot, not including land.
Who can afford these prices? Not retirees with no pensions, not teachers and police officers or nurses, not bank tellers or landscapers, or chefs, baristas, bartenders and servers…
if the US cannot house their essential workers, we're doomed!!
It might turn if we get a new president
You're not building enough homes. The prices we have today or here to stay.
No they don't. Nobody will have money to afford those houses. Owners will low the price
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This is just begin of worst
So the builders have been charging to much and exploding prices.. so now there giving stuff away... lol
Yeah. The builders are giving rate reduction incentives that can’t even cover sellers ( builders) side closing cost including outages originating fees charged by their own. Mortgage companies. Bill Pulte just mad they kicked him out.
People will pay what ever the value of the home. Supplies for lumber are giving the shaft for the goldmine to builders. Federal rates doesn't bother me as much as the cornering the market for supplies. F. J. B.
You'll know the economy is normal "when the average person can afford the average house".... We have a long, long, long way to go before that happens.
Housing prices run up will not be matched by the same percentage of declines.
We became drunk on low interest rates and excessive debt. Pay more down on your house , 20% to avoid PMI. Build your own home on a piece of land. Pay it off in 10-15 years to control debt in your own life.
We need to understand a basic principle. We create the market not the builder. When people are willing to pay more for a home then someone will be there to sell it to them. Of course cost of construction has a significant determination on a home’s value but having willing buyers are also important factors. Look at 2008. The home price dropped like a rock and remained low for 10 years. Couldn’t sell a home often at any price. Where were all of you who are cry about inflated home prices now? The truth of the matter is to many people want something for nothing. The are special and deserve the best of everything when in reality only their mommy agrees with them. Live within your means! If you’re not happy with what that affords you then improve your earning abilities but don’t look for me or anyone else to do it for you!
6% is falling? Pffgffft
The real problem is these banks and their investment portfolios. They drove up the prices and now average Americans are priced out. Families should not be a specialized tool for the rich.
Hooooolllldd!!!
So we’re stacking the deck where it’s going to be better to buy a new home thus driving down pre-existing homes down?
Here in a few years the housing market will be just the the new vs used automotive industry.
Say like bull ?
House broke america. I’ve been told I can’t find an fair priced house cause a home usually sells for 300000 where I live. I say “watch me”😊
Rate buy downs eventually go back to the APR that exist now. What a stupid trick to get buyers into thinking they aren't getting hosed in 3 years.
Housing investment has caused the largest disparity for the average person. You have turned 'home' into commodity and now people cannot afford higher rent. Anyone else noticed the homeless camps.
I recently visited a large homeless camp to ask if the high home prices were the reason they were "un-housed". The majority or respondents said something like: "rsval gobla zija..." and then peed all over themselves.
@@georgetuider654 well yes, there is that. During shutdowns I noticed the crack heads next door weren't stealing water or out committing crime. As soon as gov quit paying, right back to stealing water. I'm stuck in the middle. Their choices consequences are obvious as all ours but then again they did not trespass others until desperation set in.
I dunno - things are worth what people will pay for it. How confusing is this?
The title is absurd. The guest said his company "right now is a little bit of cautious" while pointing out their outstanding earnings.
spot on