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Jeffrey Deuitch
Michael Bordenaro
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "The GREAT Real Estate “RESET” Is Here" video.
Those who insist on remote work in defiance of the company's mandate may very well be higher on the layoff list if/when the big downturn occurs. Not really great to be biting the hand that feeds you. Can bet derivatives on mortgages and other instruments are being issued, subprime or not. Strongly recommend watching the PBS Frontline documentary series "Money, Power & Wallstreet. Is a very detailed account of the economic and political events from 2004 to 2008 which culminated in the GFC. Was much more than just unwise domestic mortgage lending. Had influences outside USA borders and derivatives collapsed rapidly. Mortgages obviously were part and possibly the trigger. Can watch that documentary on YouTube. Very enlightening.
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Josh not being objective in his recommendation. Also, atleast in our area, a high proportion of our 1M+ sales are for cash. Either way, it may be wise to wait this out for awhile.
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