Comments by "Matthew Phillips" (@matthewphillips5483) on "Housing Market Bubble 2.0 | Dave Ramsey: YOU SUCK" video.

  1.  @billyruben116  Nope. I'll buy when I'm ready and not a second before.
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  2. Signed - A. Realtor
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  3. So who is going to continue to buy the overpriced real estate with high interest rates? Eventually, even the "golden handcuffed" owners (many, anyhow) will need to sell or have an overwhelming desire to get out of where they are at. Inventory will back up with no buyers and prices will have to come down or the RE market will grind to a halt.
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  4. I think its the opposite. Hot markets in Anaheim, Oakland, and Boston. All three sound like hell on Earth to me.
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  5. What are you on about?
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  6. Truth^
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  7.  @billyruben116  Classic FOMO. No thanks, I can afford to wait as long as I want. My rent is half the price of buying the same home monthly. I'm spending < 20% of net pay on rent each month so I can save, invest, enjoy stress free life. When I feel like buying, I will. If the prices are too high, I'll keep stacking my cash and enjoying life.
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  8. People who max out what they qualify for. These people will likely end up in foreclosure in < 12 months.
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  9.  @Armani-k6x  This all seems great for the wealthy but I fail to see how it helps the average American? Getting in debt with a mortgage that is 45%+ of your income is a terrible idea. I don't care how high home prices go. It's just stupid and unsustainable.
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  10.  @Armani-k6x  I'm tired of waiting too. But I'm not going to put my family and I into financial peril because of impatience or FOMO. Stay strong and wait for the right deal for you. If it gives you peace inside without anxiety, you know its the right deal.
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