Comments by "NetWorth" (@networth00) on "Wealthy Are Hoarding Cash And Buying Houses" video.

  1.  @bigmoneymoose4644  No because they'll just raise it again. Nothing ever changes with the spend-happy government.
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  2. You'll take a big hit just like they did from 2007-2013.
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  3.  @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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  4.  @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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  5.  @CozyForestCabin  Housing cycles last 10-12 years, we are LONG overdue.
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  6.  @CozyForestCabin  I am a cash buyer. I turn right around and get a loan on those "cash buys".
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  7. So you want to live in an HOA, that's splitting lawn maintenance.
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  8. Cash is in banks and CDs getting big interest waiting for 2-5 years when home prices hit rock bottom.
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  9. Interest rates are causing people NOT to be able to buy homes.
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  10. Yes, it started June 1st I believe.
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  11. ALL CASH BUYERS just turn right around and refinance. I'm one of them.
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  12. @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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  13. You should have refinanced a few years ago when mortgages went to 2.5%. Bad move on your part.
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  14. @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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