Comments by "Roger Dodger" (@rogerdodger8415) on "This Is WHEN The Real Estate Markets Crash!" video.
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So consider this.. I could pay for a new $10,000 remodeling project, but instead put it on my credit card to earn airline points. WHOOPS! Americans in debt! I could pay off my student loan, but instead have gotten better gains in the stock market. WHOOPS more American debt. I recently found a newer, bigger home, that I could put down 50% on from the sale of my current home, but since rates are so low, chose to leave the excess cash in Gold. WHOOPS. More mortgage debt. I see auto debt rising like crazy, but adjusted for inflation, that car is still about a year to year and a half of my yearly salary. WHOOPS exploding car debt! I can do a cash out refinance of my current house at historic low rates, keep my payment the same, and have thousands to spend on whatever, but WHOOPS there goes that booming American debt meter again! My child is going to college, I can write the checks, but WHY when interest rates are so low and inflation is creeping back. WHOOPS. More student debt. I'm not buying any of this "the sky is falling bullshit"
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