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Emmett Keyser
MHFIN
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Comments by "Emmett Keyser" (@emmettkeyser1110) on "MHFIN" channel.
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4.5% increase in value per year (which is what the $1.25M vs $120K number equates to after adj for inflation) really isn't all that out of line from overall economic expansion over the last 33 years. This is just more clickbait bs not understanding how macro econ works.
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There are affordable housing units available. You just need to be packing when you go from your car to your front door. And also better not walk your dog. If you want safety then you need to pay up. Also a lot of long established firms that build complexes still can’t seem to build them w/o problems like failing lifts. We’ve been building buildings w elevators for well over 100 years but still can’t seem to do so w reliable elevators. lol.
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When rates decline….if they do….and a recession hits (might be a while due to demographic shifts like boomer retirements) things will start to normalize. But there’s a lot of ifs in this. Neither of the two ifs are guaranteed to happen anytime soon.
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That’s 20 years in the future.
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@michaelsd284 I know I’m gen x. That’s when it begins. But also more and more people will be delaying retirement so 62 isn’t realistic for most. So peak retirement curve isn’t for roughly 20 years from now.
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