Comments by "NetWorth" (@networth00) on "Uneducated Economist" channel.

  1. Get a toyota.
    10
  2.  @bigmoneymoose4644  No because they'll just raise it again. Nothing ever changes with the spend-happy government.
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  3. You'll take a big hit just like they did from 2007-2013.
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  4. I've been preaching this for years. Go buy a 90s Corolla if you really want to save money. Cheap gas, cheap insurance, cheap cost to purchase.
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  5.  @mrwilliamwonder  Yea because everyone wants a loan to pay their taxes while living in the same house with the same standard of living.
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  6.  @mrwilliamwonder  Let me remind you of what you said... "Well their home value went up so they can get a cash LOAN over it at the bank to pay the taxes." A cash out THAT YOU HAVE TO PAY BACK... is a LOAN. You were right all along.
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  7.  @CozyForestCabin  Housing cycles last 10-12 years, we are LONG overdue.
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  8.  @CozyForestCabin  I am a cash buyer. I turn right around and get a loan on those "cash buys".
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  9. So you want to live in an HOA, that's splitting lawn maintenance.
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  10.  @user-xm8rf6ik7b  Who wants to live there? Nobody I know. I guess crazy people do exist.
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  11.  @user-xm8rf6ik7b  I used to live in Vacaville so I know the area well. It's the most beautiful place on earth, but it's very disgusting right now. You can have it.
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  12. Cash is in banks and CDs getting big interest waiting for 2-5 years when home prices hit rock bottom.
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  13. Interest rates are causing people NOT to be able to buy homes.
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  14. Yes, it started June 1st I believe.
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  15. This stuff has been going on for 40 years. There's nothing really new about the current situation we're in right now. The minimum wage crowd always says, "I'm waiting for the big crash, then I'm going to buy so much real estate"... all while having $200 saved up.
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  16. ALL CASH BUYERS just turn right around and refinance. I'm one of them.
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  17. @Joe-no7gs I just paid cash for another $1mm house then refinanced to get most of my money back. I own 6 homes and have lots of cash. What were you saying again?
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  18. You should have refinanced a few years ago when mortgages went to 2.5%. Bad move on your part.
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  19. @Joe-no7gs Take the money at 2.5% and invest it to get 7%. Ask any big time investor how much stuff they have paid off. The answer will be zero. You have to think big, your thinking is simple but small.
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  20. Prices will crash, it takes time.
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