Comments by "Cyrus M" (@cyrusm3391) on "Bankruptcies Are Skyrocketing | Consumer Debt Explodes" video.

  1. Can't we all finally agree that the 2008 crash comparison has already been debunked!
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  2. My sister went bk in 2008 and now she is good credit standing. It's all anecdotal
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  3.  @Elzon1  It's been 4-5 years since people have been saying this. There is no subprime and ninja lending and significantly SIGNFICANTLY lower ARM lending than 2008. If you're banking on increased layoffs, sorry to tell you, the only ones losing their jobs are mostly current renters.
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  4. Thank Obama and Trump!
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  5. We have a genius one here folks!! Lol
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  6. Well off financially but can bankrupt. Just cuz your underwater doesnt mean you have to sell, especially if you're financially well of...hhmm some contradictions here
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  7. Actually most recent home buyers did NOT accept a loan at their max. So I say, they'll be fine. Might be more frugality than usual, but they'll get through.
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  8. Travis, youre talking about "locked out" in a home as a bad thing lol...most families are young, with young children, and of age to stay put for the next 10-15 years at the least. Most couples are having kids in their mid to late 30s, which also means they have a much more secured and established careers.
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  9.  @Casket771  yea your name checks out 🤦‍♂️
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  10.  @kidwichita  inflation has barely made a dent since most home owners have a sub 4% interest rate on their mortgage. I refer to "only" as the job loss by a group of "mostly" type of people. I didn't need to say "only" but im not the best in grammer. That said, you're obviously a beginner in RE. Move along
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  11.  @Sooogfsdhjll  wth are you yappin about, you're all over the place!
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  12. BRICS can't even get themselves together. Their society is as bad as the US. There was a possibility at one point, but not in the near future.
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  13.  @eldybellacetin8167  it means they can buy more time by paying a low mortgage while they get another job. Yall think homeowners don't have savings or investments at this "high" interest rates.
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  14.  @tobyk5149  i was 30 and DIDN'T have a job. I had a career.
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  15.  @tobyk5149  I was 30 and DIDN'T have a job. I had a career.
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  16.  @tobyk5149  I was 30, didn't have a job. I had a career.
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  17.  @kidwichita  im not to the moon person but deftly not a crash bro and the sky is falling. This is the correction, stagflation. And if you ain't correcting yourself by getting your foot into RE...to a house you CAN AFFORD, then you'll be on the wrong side of history
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