Comments by "Frederick Miles" (@frederickmiles8815) on "Yale's Shiller Surprised by Surging U.S. Housing Market" video.

There are like three houses on the market...why does high prices caused by scarcity shock anyone... No to mention lumber prices have skyrocketed and lumber mills have died off. Just a silly and embarassingly bad take - between this dipsh*t and Krugman I wipe my ass with Nobel laureate's - stay in the ivory tower bro.
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@MrSteeDoo nope, but good luck in your endevour. The market has zero supply and high prices due to the forebearance associated with the pandemic. I dont see that supply fullilling demand, but I do see alot of cash for keys happenings once that forebearance is lifted. Funds will step in and be the landlords of tomorrow. 26% of home owners over the last you started a payment deferral plan and over 5% are in long term forebearance. Also lumber prices are increasing at a very rapid rate due to production capabilities; not increased pandemic demand. None of the increased prices are going to lumber farmers (production right now is like a snake eating itself) - we are edging closer and close to a true depression due to the destruction of money that has occurred via QE.
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@MrSteeDoo No they will not and they will be foreclosed. Those jobs lost will not come back; and if those poor souls if they do land something it will be bottom of the ladder retail. Have you not noticed the primary dealers creation of new netting accounts? Housing both residential and CMBS - losses will be massive, causing liquidity crunches, and margin calls; combined with changes to the DTCC collateral requirements leading to alot more Archegos - deflationary (destroying more and more currency) pressures will be massive, QE will just make it worse as paper hands Powell panics again. D*pshits like Shiller and Krugman dont know how the economic works in the real world or how the impact of their ignorance has had on policy. If they saw behind the curtain - the multiple REPO markets trading massive amounts of sythetic assets in damn near real time their little heads would pop. They dinosaurs studying shadows on the walls of their ivory caves. Either way I will be fine, and my overall wealth will increase, I just feel bad for folks like you and others that dont see the wave coming.
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@MrSteeDoo no they are not check out private equities involvement in the lumber industry (stage was set 2 to 3 years ago - post BRIC flooding the market); - one thing he got right was 28-29 that doom vortex they are falling into - as cost of production and commodities crushes profit margins, and wholesale lacks liquidity to satisfy those inflationary pressures - if you smarter you would have bought long calls in WOOD Q1 of last year ;) - inflation will be transitory, leading to a liquidity crunch. We cant build enough milling capacity fast enough; and monetary pressures removed profit motivations for firms to invest in and therefore equity is playing a dangerous game balancing limited capacity with high supply - scraping by at sky high prices. In near term I would look up UUP and/or FOREX currency pairings - when liquidity crunch hits USD will spike due to demand. Or you could let your balls drop and go all in on AMC... and watch the Citadel, Pointe72, and Marvin burn to a crisp and all the brokerage panic trying to figure out which shares and real and which are sythetics.. Or just look at those Funds holdings and short them - knowing that they will drop post margin call... not financial advice, just trying to help a brother out.
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