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Are we in a housing bubble that could burn homebuyers?
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- čas přidán 15. 08. 2024
- #realestatemarket #realestateinvestors #housingbubble
Yahoo Finance's Seana Smith and Adam Shapiro spoke with Chris Rupkey, FWDBONDS Chief Economist about rising home prices and housing bubble fears.
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Why don't you talk about the big real estate companies buying all the houses up for over asking price with cash and renting them out for more than a mortgage would be for a buyer. It is becoming impossible to get into a home now. Something needs to be done about this. I really feel for anyone looking to buy.
because this is yahoo finance, they don't care about the majority of Americans
You're stating reasons why it's a bubble.
Does the slow down of building new houses recently affect all this too though?
@@eduardsiger1860 Not only is there a slowdown of building houses, but there are now houses being built where the companies are literally coming to the people building the house and to the people in charge with bags of cash, looking to buy the houses before they're even done. That's exacerbating the issue of the development slowdown AND creating even more housing shortages!
Because they turn a blind eye when it benefits the rich. But let the poor figure out how to undercut to gain a home it’s a problem even when it’s done legally!!
Very genuine of y’all to wait till the peak to “warn” home buyers. Never ceases to amaze me how everyone sees the bubble after retail points it out.
Why don't these investors and ultra wealthy buy up abandoned areas and re-do them? Quit taking over lower and mid-lower income level communities. There's a lot of abandoned property across the country with loads of potential - take that.
Consumer: Are we in a house bubble? Yahoo finance: Anything can happen. Btw: this video doesn't provide any helpful information
I disagree - this video generated revenue for youtube and yahoo, which they would certainly say is helpful information
Anything can happen is actually useful. It means we shouldn’t try to be so sure of a certain outcome and be prepared for all outcomes.
We ain't.
When the so-called "experts" try to say there is no bubble, then the bubble is almost ready to explosive in any morning.
If monopoly and squid game had a baby, that is the reality we are living through.
Tbh he’s not really saying anything informative
Stop letting corporations buy residential homes and sit on it.
Stop selling to Chinese also
This!
Stop letting governments collect property taxes it’s theft
I really hope these corporations get the short end of the stick and this crappy market pops...theyll be left with the bag
@@hirdaydhillon1772 what’s next, stop selling to white people?
There will be full housing nuclear fallout. A single family home with a small backyard should not ever be worth $500k When it was built for $50k or less.
especially american house with cardboard walls
Not only that, people are thinking houses are a good investment, but guess what? Houses are not generating the same rental value as their monthly mortgage value and the investors have to pay the delta from their pocket. Even if they make money in the long run, the continuous bleeding in terms on large monthly mortgage payments, combined with the higher property taxes neutralize the gains (if any) in the future. Also, population is shrinking, it’s going to collapse for sure. There is no logical reasoning for such higher home prices.
That's why you rather find a nice empty lot and built verse getting a home that is a few decades old. Remember, homes are valued per square footage and location location.
@@lospeb100 Not always. It would appear my city will tax based on buildings that aren't even attached. That can include a greenhouse or a storage shed. Not only that some may try to tax you if you have solar panels to. I wish property tax was based on household burden. For example no kids no school tax levies.
@Mark Park I have heard people claim stimulus money increases inflation. I call that not true at all. If we have any inflation in the housing market it is because of ever increasing greed by sellers, middlemen, and taxing entities. The act of shill bidding on houses doesn't help either. Even innocent bidding to get a house far over what rational thinking would dictate realistic house values is a problem. I personally don't see money being worth less than before, but instead on some things costing more due to higher wages and expected standards of living. As well as the demand and available supply of goods.
Im Shocked that people don’t understand basic 3rd grade math!!
A 1 to 1.5% drop in mortgage interest rates does not justify paying 30-50% more for a home. Wake up people before it’s too late!
You do understand the math isn't that simple lmao. It's an annual interest over 30 years (most likely people getting 30 years). So with a 3.5% APY on a 300k loan, total P+I is around 485k. Drop that to a 2% APY on a 300k and you're looking at 400k. So that is 85k savings on home purchase over the same period which let's say home value is 300k. That's around a 28% savings based on the 1.5% decrease in interest rate or if you want to be more fair 17.5% for (P+I @ 3.5% - P+I @ 2%)/ P+I@ 3.5%
It is not gone cost less in a few years.
Housing prices are so crazy that I saw a $1 million for sale sign on a cardboard shanty in Stockton California! 😀😃😄😁😆😅🤣😂
I saw a $700,000 ghetto house for sale in Palmdale. Good lord!
@@peraltaisrael2598 big facts!!! It’s ridiculous
I am happy to pay 6% interest rate on 200K principle amount rather than 3% on 600K because I know the principle amount is forever while the interest rate is changes. With higher housing prices, I end up paying high property taxes as well. It’s a simple math.
People are thinking houses are a good investment, but guess what? Houses are not generating the same rental value as their monthly mortgage value and the investors have to pay the delta from their pocket. Even if they make money in the long run, the continuous bleeding in terms on large monthly mortgage payments, combined with the higher property taxes neutralize the gains (if any at all) in the future. Also, population is shrinking, the housing market is going to collapse for sure. There is no logical reasoning behind such higher home prices. The supply-demand games won’t fool the people forever.
@Mark Park you said it right. Do you think whatever we lost in dollar value is the loss forever? Meaning does the prices ever come to normal? Or are you suggesting the higher prices are the new normal? Fed printed lots of money and people were spending less due to pandemic, from past few months, things are getting normal and people started spending more again. Question now is are the higher prices a new normal or will there be any decrease in house prices ever. If the high prices are new normal, our salaries must increase accordingly otherwise it is hard to survive for a commoner at these higher prices.
Housing market will remain hot for several years because: 1) Near record low inventory of homes on the market, 2) Near record low number of new house construction and record high cost of construction materials 3) Record $10 billion in home equity minus debt 4) Near record low mortgage interest rates. Low supply and high demand will not change quickly.
Homes are up at least 100% over the past decade and wages up 10% hmmmm i wonder ????
Why isn't the public demanding national housing policies to increase housing stock? Demanding higher wages causes inflation, and unless housing stock is increased the increase in wages goes to taxes and inflated housing and rental price increases.
Nicky thanks to joe build back butchered
I would say yes. I was looking for homes about 8 months ago and the same homes are around 20-30% higher.
4 the amount of dollars printed .... I would say that 20-30% is cheap
@@diegorosero lol, exactly. When I read OP, that's around the amount that was printed.....so sounds about right.
@ThrowawayBruh it's impossible to say but I suspect you will be proven right. I mean doesn't the future have a right to own/rent a home? How are we expecting the youth to afford these prices?
@ThrowawayBruh they can do that right now. All the protections ended a couple weeks ago
@ThrowawayBruh keep dreaming
Property taxes on homes has gone way up too.
Property taxes follow "home values"
Can’t buy a house. Gas prices out of control, inflation. This is crazy.
I know you need to make $100K now to be middle class
When you can't buy a house know you couldn't buy a house last year either.
@@mrcoreynitro People just didn't want to believe this the last 3 decades.
@@paxundpeace9970 In the last year houses have rising 20% in my area and supply of new houses is down.
Thanks to 1diot joe and 1diot demorats
1,5 % drop in interest rate does indeed justify 30% rising prices. Why...because it's 1,5 % on a yearly basis. A morgage is mostly for an average of 20 years these days. 1,5x20 is exactly 30%. However a yearly rise of 20% is abnormal but still justified with housingshortages and no good alternatives for your money at this moment.
Economic rule: real estate inflation destroys all the other industries in the country.
Yep, real estate still isn't an efficient market. We should be doing things to make it so...
Actually no.
When did you make up this unsubstantiated rule? Real Estate inflation puts trillions of equity in the market that people use to buy goods and services.
@@davidking4779 nice try. Are you a democrat?
@@zwatwashdc I am Libertarian, but I did experience the economy leading up to 2008. The equity that people gained led to purchases of all goods, including real estate around the world. Yes, it was over done and the bubble did burst, but many retained the goods and services paid for by the inflated prices of property. I also witnessed the 50's when property did not inflate and therefor provided no economic advantage of inflation. Increasing value and inflating value are different things.
Yes, the USA is in a housing bubble.
Being of age and how to manage the sequence of returns in those early periods is what seems quite scary in the current market. The market is never a loser in a twenty year cycle, but the 2000s decade scenario scares me and could really disrupt my retirement. When you are no longer accumulating but withdrawing its hard to be anything but cautious.
Some investors look to their investments as a source of income while others use it is a means to grow or preserve their wealth.
For new investors, getting started can feel overwhelming. Risks loom large, and complicated, unfamiliar financial jargon can be intimidating.
I and my wife are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Bought my first £400,000 house. Success requires market knowledge and we made a very good choice adopting a financial advisor Allison Taylor Casey.
her profile online is satisfying but I believe your guide is obviously based where you are in the States, can this also work if I am looking to do this from UK / Scotland?
Wow, I know Allison Taylor Casey, I joined her program just a couple months back.! She obviously brings a lot of experience to the table but more importantly I think she is a tough person in an industry that demands clairvoyance.
Relieved I bought my place last year. Mortgage, interest, property tax and insurance is far less than market rent. I feel for buyers now. And.. my mortgage is 2.76% fixed 30 yrs.
Housing market will remain hot for several years because: 1) Near record low inventory of homes on the market, 2) Near record low number of new house construction and record high cost of construction materials 3) Record $10 billion in home equity minus debt 4) Near record low mortgage interest rates. Low supply and high demand will not change quickly.
In Philadelphia ,Pa for sale signs everywhere for weeks now. Fools ran out of borrowed money .
It’s philly
Wait 'till the drought and fires scorch the WEST ! I am giddy at the expectation of the plots that will open up. I hope to get a couple acres and build my tiny home for less than 100K
I wish that was the case here in florida. Apartment was listed on saturday, i had viewing scheduled for thursday, just got a call that they received 6 offers, including 2 cash offers. All of the offers from people out of town who didnt even care about going to see it
Not in my neighborhood. Houses sell within weeks. They are great starter homes at reasonable prices, so young home buyers are eager to snatch them up, fueled by city incentives.
@Omar Zazzle. Why do you think PA is so bad? We’re considering moving after retirement to be closer to family but not 100% sure.
Just be patient, everyone that are standing by to buy a home. 1 to 2 yrs wait can save you 25% - 40% in saving. Although, the federal government had given $3.5T welfare to the country during the pandemic. The market was corrected and save by the bill out. Remember that interest rate increased near 4% and the housing prices fall flat before the pandemic in 18' - 19'. If it wasn't for the bill out during the pandemic the stock market and etc would have been tremendously worst. Now, inflation and the housing market will be the main driver when interest rate have to be increase to combat with inflation.
What goes up must come down. Takes a few years.
When did that ever happen for long in the real estate market?
We're in a bubble that could burst due to external events, nothing happening locally to pop the market.
China game
The economy crash & job loss was CAUSED by the housing bubble in 2008 not as a result of it. If the unsustainable housing market doesn't cause this bubble to burst, the unavoidable conflict of 2024 will.
I think that housing should be a human right .I have been lucky regards housing but I feel for young people these days . The present housing market is wrong .Morally wrong. If adepression is needed to bring down price so be it , but doesn't say much for our civilisation .
Amen to that!
Big corporations want to keep buying up all the houses so they can set the rental prices. That’s why rents keep going up. Get smart, buy a fixer upper. There are still good bargains in Old Bullhead City, Arizona, across the Colorado River from Harrah’s Casino in Laughlin, Nevada. They have the best Springtime in the nation.
So the expert is as uncertain as the rest of us who read the news. I appreciate the sincerity.
You have to read between the lines, he means yes it's a bubble
These are the best analysts that Yahoo Finance has?
They are anyway paid by lobbies. How does it matter. They are going to say all is well, as govt is pumping in packages to keep the prices artificially inflated.
Good analysis, however, one thing I disagree with is the notion that if prices drop, say 10%, people who are employed will continue to pay their mortgage and hold on. We are in a NEW WORLD, the WILD, WILD WEST where there is no moral hazard and there will be PLENTY of STRATEGIC DEFAULTS if there are big value drops.
In Australia, home mortgage loans have a fixed charge against the home. In addition, home loans are recourse loans. So no one willingly defaults because that would mean foreclosure on your home, and providers would hound you into the ground seeking repayment and destroy your credit rating in the process.
Housing market will remain hot for several years because: 1) Near record low inventory of homes on the market, 2) Near record low number of new house construction and record high cost of construction materials 3) Record $10 billion in home equity minus debt 4) Near record low mortgage interest rates. Low supply and high demand will not change quickly.
The goal should be to be able to to ride out the crash via sustainable income to pay the inflated value based loan. After a correction, prices always go up to balance out everything.
Doesn't matter if it crashes. Most people buy homes for 7-15+ years.
So what. Ride it out.
Yep interest rates are low now and those that overpaid will have to take a hit when they sell
Millions of jobs at $12/hr. LOL
People dropped out of the labor force, because they make more on unemployment, and they can't survive on $12/hr.
It's hilarious how people say this is not 2008 again. People put in make their payment in 2008 and they won't be able to do it in 2022, so there is no difference every time there's a hardship people will default and leave their homes
NINJA loans were stopped in 2008-9. A recession in other sectors will slow the market, so not 2008.
@@TRAZ4004 16 trillion to banks and company
For too big to fail and QE for years . They said 15 trillion in home value lost and 6 million jobs lost it they and a bunch of other stuff on bill to raise Debt ceiling and avert
Default ,for now . 7 days ago oct 7 2021 and
COVID - 19 wiped out the whole world
With the 100s of billions being spent by investment groups, there is zero chance of a bubble bursting.
Its not going to happen. Bringing it up as a remote possiblity is just bad practice and insensitive to the hopefuls.
Especially when a lot of the big investment realty groups renting out the homes. The value of the rental and lease agreements hold said market value preventing a crash.
A crash is NEVER GOING TO HAPPEN.
"Accellerated a little"? It would be intrested to see a lot..
Current bubble is not because of the supply and demand problem but the rise of the construction materials + Supply Chain destruction + Labor shortage + Shift of trend (people want different kind of design for their homes than the existing home) + Lower interest rate...
It is entirely interest rates. If the Fed stopped buying MBS, rates would rise. Look at prices since 2010 vs the Fed purchases of MBS.
@@jfausset how do they stop
This⬆️ is why people are quitting in masses. Even at 60k most people are priced out. Imagine someone making less than 40k. They want you to go to these crappy jobs but still be homeless.
I think you are right. During this covid crisis, everyone can clearly see how Uber-wealthy became more wealthy ….. it’s enough pressure and stress that will cause millions to give up hope. Give up hope for a better life for them selves. Why work till you become exhausted when you can’t even buy a small house or afford rent in a decent place.
Hopelessness is a nation killer. That’s my opinion anyway.
Govt just printed fiat currency to help the rich and government employees to cover the debt bubble and NPAs. The working class is hopeless now.
People are quiting because govenment is paying them to do nothing. Its unsustainable. When money runs out folks get hungry they will work.
@@Swagalious689 No, people are qutting because "the government" paid people substantially *MORE* to do nothing than their jobs paid them, which forced them to look at how shitty their jobs were to begin with and how flawed and unstainable our system is. Stop spreading misinformation - the problem is a lot more complex than you are making it out to be and people are finally waking up and seeing this.
I hope house price goes down 👎
Why would you suggest that the values being demanded today are sustainable?
All markets are cyclical, if you buy at the top you are always at risk of losing equity.
Realtor's are saying that it is a great time to buy.
compare income vs price
20% gain in one year is because many people relocated and moved to another city with big money in hands. 1. Typically west or east coast people leaving the city for a bigger house with a decent lot.
2. Many sold homes due to jobloss or tenants not paying rent this both contributes that many lower income neighborhood and entry level housing is getting bought up.
High demand = higher prices.
Supply can't shift fast enough
It’s pretty morbid to say but hopefully when the baby boomers start passing away, more inventory will be available.
No one buying real estate and holding for 30 years, ever loses money. Unless you buy in Democrat-run areas that are losing population and jobs
Like the anchor guy said: “One good hurricane.” They don’t even use the term “climate change” in this report, and South Floridians have a lot to worry about. It won’t matter if you have a job if your house is flooded constantly, if it blows away in a hurricane, or if it collapses due to salt water intrusion and/or poor maintenance (cf: Surfside).
@@jsch9173 If you buy a home in a flood zone, without flood insurance, then you're an idiot. In fact, if you have a mortgage you are required to have said insurance. The same goes if you have a mortgage out in say, San Diego, you are required to have earthquake insurance. Nothing about what I said isn't true if you are in a flood zone. If your house is a total loss, you take the insurance money and go buy something else (you are still holding real estate). Don't be obtuse and bring up Surfside, which has nothing to do with what I said. All condo owners who lost their condos were made whole b/c of the insurance they pay for annually
Makes me wonder, what does it take for this gentleman to say its a bubble?
Selling houses/apartments that he bought as investment?
Home values in my neighborhood are declining rapidly.
I don't know about anyone else, but I don’t look at my home as an investment money wise.
I am into stocks and the S&P. But my home is my castle. Its a place for my wife, daughter, and me to safely sleep at night and have family time. I honestly don't care what the monetary value is. My rate of return is the security that they have a place to call home. There is no bubble on that investment
something's got to give.
Yup, I'm a 25-year-old cop raised in Florida who can't afford a house at this point!! Housing is up 100% n most houses that are currently on the market was just sold last year and are being sold again for profit.
If someone is dumb enough to buy a house that’s overpriced, what could anyone do? The real estate agent wins.
FOMO Baby Boomers are buying everything! Hope they get burned! Baaaad
Florida Gator I don’t think baby boomers are buying. They are holding as they should already have a home. It is the upwardly mobile 30 or so year old looking for a better life in another region in the country. Just my observations.
is it a bubble? gee i don’t know
thanks guys
Of course we are. But it's more global than ever. Higher indebted citizens and speculators are going to be hit the worst.
Variable interested citizens
Inventory and population are the reason. The ONLY way out of this is start making houses or stop making people. Period.
Rising rates will end this speculative housing, and this time there will be no government bailout. Be prepared to lose 25 to 30 percent on your investment.
Agree that rising rates will lower demand for speculation. What do you think would be the catalyst to raising rates?
@@RR-cv3oo rates are already rising - look at the percentage of fed asset purchases buying t bills to keep them down.
@@DavidGatto Yes, in the past week 10 year treasury rise. How long do you think the fed can continue to buy assets to keep them down?
@@RR-cv3oo I think the fed will move quickly near the spring or start of homebuying season.
I don’t think so
Indiana has an acceleration in prices mostly in northwestern Indiana near Chicago. A lot of Chicago-area residents have fled Illinois and crossed the Indiana border for lower property taxes and less crime. It had nothing to do with the pandemic.
5% to 10% is nothing compared to what I think we need to expect. Again there is a disconnect in the Real Estate industry, they have to stay positive to be able to continue investing in their market.
Mr. Rupkey seems to be an intellectual elite who has trouble seeing reality. The reality is a work a day Johnny can't afford a $500K+ house to house his family. The only thing that might keep this bubble from bursting is world war or hyperinflation that includes the labor market. Independent contractors are now bidding their jobs at $1000 per day for their labor.
It’s calculated usurping of good homes by big investors. Zillow n other realtors including local in some places are in this manipulation. They increased the prices by 25-35%and slashed by 7-9% playing it off as a crash. In reality they made it difficult for an ordinary buyer to afford a home. This is a calculated manipulation of markets where job holders are looking for a home.
Food prices going up when people only have a $few hundred is saving.. sooner or later the people will have to make a decision to abandon their homes because rent is cheaper and no maintenance bills!
Rent is NOT cheaper. Anyone buying a home RIGHT NOW to cashflow will have to charge higher rent in order to make a profit.
Then the individual loses the mortgage tax deduction, which often is worth 10K or more. (At least in California.)
Rent is NOT cheaper. That's really what is to blame for the absurd house prices. Rent everywhere has become SOOO overpriced that even if you absurdly over pay to buy a house the monthly mortgage payment is still cheaper than renting would be.
Its become a tax hike on homeowners
Pop,pop,pop, popcorn machine🤣
Market is up but it's going to go higher and higher. Get with it buy now rates are low!
Also, The pandemic took out a lot of the labor market and there are a lot of new independent individual business owners.
The woman in the ad is very annoying.
Yup if you buy a house in the next year your gonna wish you didnt. Zillo stopped buying home's an there's a reason
As long as the Fed, at our Governments request, keeps printing trillions of dollars a year, we will probably avoid a recession and opt for hyper inflation. Hyper inflation has to include the labor market. $15 an hour minimum wage will soon be a mute point of contention.
This analysis you can get from the local Starbux old goober ... the guy that sits in the corner with 5 newspaper at your local starbucks .... Greenspan said about bubble ::::))))))))) r u kiddinnnnn meee maaaan ::)))))
i heard there is such a thing called abandoned mansions
home prices are rising faster than incomes once rates go up you'll see prices plummet people who bought now and within the last year. If they try to sell will be screwed with a home they can't sell at or more what they got it for. they'll be underwater. Sure you could hold onto that home but if rates go up it'll take you awhile to recoup the value in your house at the rate incomes rise. if another economic recession comes in later years then you'll be holding the bag with no one who wants it.
This is one of the most incoherent things I’ve ever attempted to read.
@@DoorTrash indeed I’m better explaining it in meetings on Zoom lol
@@DoorTrash The reason I didn’t major in English lol.
Welp ,doesn't look like I'm buying a house 🏠 this year or the next 😔
this could go on for years....and then its back to crash times.....but there is a long way to go
The United States government is out of credit, AKA bankrupt. They kicked the can down the road only to December which is only a few weeks away. I respectfully disagree. There not a long way to go. The crash has already begun i think.
United States is the banker of the world. How can it possibly run out of credit?! The fact is that even investment geniuses like warren Buffet can’t time the market. Sitting it out for the prices to drop AKA timing the market is fool’s errand.
@@AdSd100 yes i do agree...but then remember 2008 ..as i said , there is no problem on the horizon yet..to the contrary i am buying a lot of assets right now...the US deficit has gone from 6 to 26 trillion in no time ..The Feds balance sheet is almost depleted..so its just a matter of time ...say 3 year more? btw regarding timing the market..i disagree..you cant time the market everyday..but when a major cycle is peaking out you can know miles away..
@@AdSd100 That's what people up to their eyeballs in debt said in 2006, and 1998, 1986, et al... You are about to learn the hardways about the long term debt cycle. Notice the FED changed their tune recently, and are scratching their heads? The biggest deleveraging in all history is upon us, and they know it. Default by any other name, is still a default. And it's all, already happened. Anyone buying assets at all time highs is the fool. It is inevitable. Debt free feels amazing in 2021. You don't have to time anything. You just have to have patience and wait. And I have plenty of time, because I don't owe anyone anything. Tick tock, tick tock, your next interest payment is due. Have fun deleveraging.
I hear often from people every time one of these videos comes out that once prices drop, say 10%, they are buying in. Problem is prices may dump 50% and take years and years to fully bottom out.
The Japanese housing market finally reached 1990 levels last year. Took them 30 years to recover. Homes and the Stock market are in a massive bubble. When they pop the Depression may begin.
It all depends on location, supply and demand.
So it's not location, location, location?
I was looking to sell my home after a long divorce paid her off and after losing my parents and three siblings I thought I would sell start somewhere new fresh I looked at other homes before putting mine on the market oh yeah I know I'd get top dollar for my house but I would also be paying top dollar for another one anyone buying better look at the property tax what it's going to be when you purchase it it's going to go up up up
I’m sorry for your loss.
People are paying 30% to 40% more then a house is worth ! food and gas prices at record highs its will crash ! tent city's like the 1920s in year
Don't know how to break to everyone who thinks they'll be a "bubble burst" but you're dreaming. There's no way any major market correction will happen. Prices will continue to climb until interest rates rise and then most likely we'll see flat growth of prices.
Is that rhetorical?
This guy is CLUELESS about the job market -- there are way more than 10 million unemployed in the US, easily. Federal Pandemic Unemployment was CANCELED by Republicans right as the virus was ramping UP. To suggest we are at Full Employment is Insane.
Get out of the maze. Let the spinning stop. Get back to normalcy. Save yourselves from all these tricks.......
If you have to ask, The answer is yes.
What goes UP WILL come down…
Home prices won't drop by double digits anytime soon (2022) without a recession. Currently, there is a severe labor shortage. When/if more ppl go back to work, a recession is made less likely.
@Rampant Appraisal Fraud yeah, Naples is a good barometer for upcoming national trends lol
Idaho will blow up first.
25% increase in one year scares him but he still doesn't want to see a big problem on the horizon. Evidently blinders as are buggy whips, not a thing of the past.
If a major recession happens I think I will be a big natural disaster on multiple areas in a short period of time
Only expensive in nice states. Not KS p a or ohio
Is the sun a ball of fire we orbit
look at canada's housing bubble if you really wanna laugh..
I am gonna sale my home this week. I can't take the risk.
Just make sure you sell to an actual family, not an investor.
Definitely a good time to sell
@@goneviral8814 but is it a good time to buy once you sell? Or are you going to fork your proceeds over to some shitty landlord the rest of your life?
I have no idea why and how all these broke Americans can even afford to pay a mortgage.
There was a higher appreciation in 2003 or 2004 ,more than 20% .
Yes in 2004, I sold a property in Soda Springs appraised at $35,000 for $129,000 they had till 2008 to secure water rights, it still sitting undeveloped today.
Yes
That’s obvious
Yes Shorty BBQ is the best 😂👍
Just reading the title, YES.
We ain't! Stopp watching the video.
Bubble in a 'no job market"?