Comments by "Kong" (@Koushi82) on "Anxiety begins to set in real estate market" video.

  1. 3x cost of median house on 1500 sqft vs income of 2 person household in a median average neighborhood is the MAX price a house should be sold for any higher and it is overpriced. say austin texas. median income is 41k x2 is 82k max price a house of 1500 sqft in median neighborhood should be 240-250k MAX. lower depends on size of house comps etc. of course it's been largely a sellers market so of course. It is a gold standard banks and all economists used since before this 0% rate. It must be upheld else disaster ensues. ratio must be maintained for a healthy economy. speculators that would break the rules of economy to make extra income would find themselves committing financial terrorism. keep that in mind nubs. median income of area must be 1/3 of median property value. get this in your head as well when you get a job or employment. paying nothing is good and all for employers but then they would be volunteering their services and not actually be working for you may as well call it slavery then. That's why you import immigrants to have cheap labor isn't it? Just use robots but you need to pay energy and maintenance costs. Not using robots means keeping the human slave is cheaper. slavery in another form. tax rent slavery while they think they are free.
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  2. maybe stonk hodlers shoudn't have used their margin accounts to buy houses. now get wrecked noob for over leveraging yourself and making both property and rents unaffordable. hope those that own 3+ properties all go bankrupt. 2 maybe ok because you live in 1 and possibly not be greedy and just use one house to rent out. someone I talked to bought 5 houses and rented them out then renters didn't pay as a result they had to get foreclosed on since they couldn't pay for it. nub.
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