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Welcome Incorporated
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Comments by "Welcome Incorporated" (@WelcomeIncorporated) on "Federal Reserve: We're Seeing a Quite Significant Housing Market Downturn Coming" video.
Didn't hear him say anything about a "significant housing downturn" in any of those clips. He also didn't say anything about very well qualified homeowners with record low fixed rates- or no mortgage at all- being forced to sell for any reason. Meanwhile case schiller was up again for the 5th month in a row.
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@nick-nj2gt Any year now, right ? Any year now. Lol In the mean time, today's the 2nd , better get that rent paid. 👌
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@hlf_coder6272 Because his comments were obviously in the context of sales volume, since that is the only thing that is actually down. Not rocket science.
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@dmc7173 I'm smelling something too , but it ain't "skin". 🤣
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@Kristen289 Clearly you don't know how this works. For every city you can name that's slightly down , there is another city that is UP the equivalent, plus 3%. Which is why the housing market is up nationally. Anybody can find a city or two that is slightly down. That just means there's another city or two that is up the equivalent- plus 3%. 👍
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@dmc7173 ...or it's just that nobody agrees with your perma-renter mindset. 👍
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Well when your entire shtick is only "predicting" bad things you're automatically going to be wrong at least 50% of the time. Lol
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Never heard this "volume bends first then pricing bends later" economic theory before. Please elaborate.
3
@WordMadeFlesh777 ...or they'll just get another one of the 10 million other jobs that are open. Or they'll rent a room out. Or they'll drive for Uber. 2% mortgages are really easy to pay. Lol.
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Values were up another 3% last month. Oops.
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You'll be lucky if you get 5% at some point in the distant future. But even that won't be enough to negate all that wasted rent money the past 4 years.
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