Comments by "NetWorth" (@networth00) on "Billionaire real estate developer: Housing industry getting hit by ‘perfect storm’" video.

  1. 80% will be out of a job soon, just like last time.
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  2. Last time they got hit so hard. I've seen houses recently there priced about $700k that sold in 2010 for $85k. When the economy gets bad people stop gambling and there economy dries up to nothing.
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  3.  @timothysnow5  South Florida, Vegas, and Los Angeles all crashed the hardest last time.
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  4. I got a 2.5% fixed rate just 10 months ago, so it's 3%+.
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  5. @Todd There will be no equity in their homes, that's why they'll walk away.
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  6. I hope so, but they've been saying that for 7 years now.
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  7. Get off the plantation.
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  8.  @wilsonsantiago4155  I don't agree with any network 100%, not even close. Please tell us what network you watch when you do watch?
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  9.  @wilsonsantiago4155  You don't care about CNN lies? Hunter Biden's Latop wasn't real? The Russian Stories? Nick Sandmann story? There's no way I would ever trust a proven liar, but you do you I guess.
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  10. Why don't you try out N Korea or China? Those places would love to have you.
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  11. This is the same joke as last time... "this time proper due diligence was done by banks and Insitutional investors/banks"
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  12. So then it's a good time to sell home.
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  13. @Todd When your house drops 20% or 50% in value, there is no equity left. The money people put down was easy money anyway, most of it came from the sale of another inflated house. It will be very hard to walk away, but it will happen.
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  14. @Todd I bought 2 homes in 2013 for 10% of what they are worth today. I have addresses if you want to verify. Don't think it can't happen. I saw many lives desroyed just 10 years ago.
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  15. Get a 10 year loan, or even 15.
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