Comments by "worn down" (@worndown8280) on "Phase 4 of The Housing Market Crash is Here" video.

@AB-fq4mr Yea really anytime someone says, this deal is only good until you leave. You need to leave. High pressure is always a trap.
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They will. in Dec of 2007 I got a home for about 250k off listed price. It will happen. You just have to be patient. When they need to abandon their builds is the time to buy. We havent reached that point yet.
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The question will be what effect does the pivot "pause" have on inflation? In the 70s, it caused inflation to scream higher. That could very well stabilize home prices. So even if the price stays the same dollar amount its technically worth less since he dollars are worth less. Even if they raise rates to 5%, they are still effectively negative vs inflation. But they cant raise rates higher because the federal government wont be able to spend like a drunken sailor on shore leave. So if they do that means the fed has to cut spending. That means God knows what. We are in uncharted territory here.
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@goobertgoobert The Fed cant. The Fed was negative equity in October. They have nothing to buy with. They Fed is already bankrupted. Technically they have two options, raise rates or let Congress bail them out. The Feds need rates at least at inflation levels, if not higher. But Congress cannot bear that high of levels without massive cuts to social spending. And Congress cannot afford to do that for political reasons. What they might do is nationalize the debt the Fed has, remove its charter and rename a new Federal bank, but that would require political unison. We dont have that. Chaos is coming friend, make sure you and yours are prepared.
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