Comments by "BrickTop" (@bricktop7803) on "Zillow’s 2024 Housing Market Forecast (Home Price Prediction For 2024)" video.

The eyebrows are raised...it MUST be serious.....
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Too many US home owners are burying their heads in the sand over their property. They would like to believe their home will gain value exponentially forever. They have seen the graphs of property values. Turn the graph upside down, you will see what WILL happen. Inventory, inventory, they cry.......once the employment levels drop, and property prices start to show a dip, it will be FOMO time. They will be selling their 2% mortgage house to get the best price possible. Going from LACK of inventory to EXCESSIVE inventory is like a switch. There are a lot of people waiting on prices collapsing, and homeowners know they can be left with no equity on their house. For sure a lot of homeowners are living on a drawdown on that equity.......they will be the first to fall.
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@jaydeeare285 Erm, you have no idea... I am in the middle of unloading my property portfolio.... I have no need for these properties anymore. I have all I need for a lifetime. How did you come to the conclusion that I was renting? How did your mind come up with that one? Buy cheap sell dear. Too funny dude....too funny. There is NO soft landing. Over the next 2 years it is going to be a living hell. Especially in the larger metropolitan US cities. In 9 months its going to get very bad. Currently there are 600,000 homeless in the US, that figure will triple in 9 months overwhelming every social service. These homeless were ONCE hard working Americans who hit a bad spell. Nothing more Too soon will, middle managers comfortable NOW....will have their lives turned upside down. I've been very successful and will sit and watch it unfold. In another country...the US is getting too dangerous.
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A lot of US clinicians are emigrating abroad. They have a better standard of living and quality of life and a safe place to raise a family. I have met a few in my travels.
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@jaydeeare285 Of course - why didnt I think of that...they could get a job as a truck driver with Yellow.....doh.... You did NOT understand the part about employment? When they LOSE their job, they will NOT get another, unless as an uber-eats....that wont pay the mortgage... You do NOT understand what QT means for the US economy? The FED needs to cut eveyone's wages and the only way to do that is by mass unemployment. Eighty percent of US jobs is from small to medium businesses. The banks have cut of the credit lines to these companies and they will FOLD. When they FOLD, people will lose their jobs.
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