Comments by "BrickTop" (@bricktop7803) on "Why The Housing Market Has Not Crashed YET (2008 again)" video.

  1. Superb MHFIN. Housing is a cycle, and the cycle is BROKEN. When properties become unaffordable for First Time buyers, the GAME IS LOST, and property prices WILL collapse. It just takes time to play out. The GFC of 2008 only hit its lowest property prices in 2012. It is WORSE this time around. 2020-2023 property prices rose 41%, So 41% is the initial drop, and it will fall a LOT further after that. We have headwinds not experienced in 2008, a war in the Middle East and Ukraine. Only THIS time its OPEC+ against the Western Developed World. Qatar produces 75% of global LNG supplies and they are about to shut off the taps just as Winter approaches. The US strategic reserve is drained, and OPEC+ are squeezing the West. The West is going to be a COLD and POOR place this Winter. Gas at $50 gallon? How will YOU cope with that?
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  2. Right now CRE is a disaster, and when it bottoms out, its time to buy. It is about choosing the correct time to invest and buy. If you are not relying on a bank loan, its easy pickings when the market hits bottom. People WILL need office space - the working from home epidemic is shutting down. People will need multi family homes, as they are cheaper to rent, and there is a shortage of affordable homes. The 'Investors' that bought in 2020 - 2023 are the ones that will suffer most.
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  3. So many fuel shortages and queues at gas stations. The equivalent today would be gas at $50 gallon....that scenario is not far off. The good thing is - there are are more guns this time.
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