Comments by "BrickTop" (@bricktop7803) on "Airbnb Owners Are About To Sell (Massive Housing Crash Coming)" video.

  1. What happens in Europe gets transported across to the US. The UK Govt forced AirBnB to disclose to the Inland Revenue (IRS in the US) the transactions of EVERY Air BnB property for collection of taxes. That should be a nice earner, all that undisclosed income bypassing the tax regime, NOT any longer. The US Govt is strapped for cash, they borrowed $ 1 TRILLION in July alone! Any govt can only get more tax revenue in 2 ways: 1. Increasing taxes. 2. Hiring more tax inspectors. The US Govt will do the same as the UK Govt and force AirBnB to disclose their clients earnings for every property. Them, the extra Tax Inspectors will go to town chasing all that juicy income and backdate it to when they started hiring out their homes. That is when you will see previous AirBnB owners selling their properties to pay the back taxes to the IRS. Nothing the Govt hates more than TAX CHEATS...once the Bean Counters get on your back - its game over....
    7
  2. Not so. The FED has tried to tame inflation by raising interest rates. It did not work. The only other tool they have is to squeeze the money supply. It is called Quantitative Tightening (QT). You are young to hear a LOT about QT over the next 2 years in the news, Eighty percent of US jobs is in the small and medium Business Sector. These companies have just had the Oxygen of low interest loans cut off. They will fold, Unemployment will go through the roof and there will be a deluge of housing inventory. It will take 2 years for this to happen. oh BTW there are 3 other banks that wll fold in August....tell me again how everything is rosy an house prices are gonna rise?
    3