Comments by "Welcome Incorporated" (@WelcomeIncorporated) on "People Are GIVING UP and TIRED OF WAITING TO BUY A HOUSE! (w/@realestatemindset )" video.

Two "experts" both of whom own properties that neither one of them is panic selling, both of whom have low rates that they are able to easily pay without having real jobs. Yet their advice to you is to be afraid and rent forever because something bad might happen to you at some point in some uncertain future. Evidently they can figure out how to pay mortgages with youtube videos but you can't with your real job and regular paycheck. 🙄
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You know somebody doesn't know what they are talking about with the housing market when their frame of reference is continually 2008.
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 @thetapheonix Do you get paid to "funnel" people into forever renting?
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 @MichaelBordenaro "Do as I say, not as I do" is what I got out of it. But actions speak louder than words, wouldn't you agree Sir ?
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@MichaelBordenaro "A great deal" is in the eye of the beholder sir, amd is not necessarily based on price and price alone. Some people may be looking to get into a specific school district. Some people may want a certain sized yard. Other people may want to never hear another neighbor talking through their walls again. "Great deals" mean something different to everybody and everybody has their own level of tolerance and what they can afford when they can afford it. Homes values have only dropped 6 out of the last 85 years , and five of those were 2007-2011. So what are the real chances of someone "waiting" their way into a house ? Almost none. You can't time the market , isn't that what everybody says ?
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@MichaelBordenaro Real estate has been de-coupled from the "average person's" income since at least the '80's. Even now the "average household" makes about 70k a year but the average mortgage holder makes 107k a year. This isn't an "affordability" issue it's a wealth disparity issue. Right or wrong it is what it is. And that is something a cold, hard market doesn't care about. That's why the best advice is to buy as soon as you can comfortably afford to, just as you did. There is no "timing the market". There is just sitting and doing nothing while the market continues to get further and further out of reach.
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