Comments by "BelieveInYou" (@Youknowwhatscoming) on "Minority Mindset" channel.

Please don’t listen to the dude above. If your house drops in value which it will, you cannot refinance. Now is the time to wait. What’s the harm in waiting a year to buy. You will get huge discounts. Best deals are 12-18 months away
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Are you kidding .. yes it’s not bad for you but it’s getting destroyed even for future generations. It will be bad for 80% of the ppl except for super rich.
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@JJ-jn7ei there will many homes 12-18 months from now. All the stupid sellers thinking they will list in spring are doomed. Prices are going to fall further. There will be so much inventory to choose from. Now is not the time to buy unless you are a millionaire and don’t care if you lose some money.. for everyone else best deals and houses in 12-18 months
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Cost of living has soared 30-40%. It doesn’t affect those that have assets. It doesn’t mean he is lying. Common ppl are suffering. I don’t know which crystal mansion you are living in
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Truer words were never spoken. All those who get rug pulled as took massive amounts of debt since it was cheap will suffer and these corporations will get their assets Pennie’s on the dollar and get even more richer
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We are doomed either way. Thus time cutting rates will destroy dollar and no one will buy treasuries
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Wow you are so shallow. You don’t want to your home value to go down and want 20 offers the dat you list. That’s the reason for wanting interest rates to go lower. But in a healthy economy interest should go higher or stay where they are and prices need to come down. If intereste rates lower, hyperinflation will set in and that’s more worse. Wow the greed and short sighted is unbelievable 🤦‍♀️
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These are the last of the dumb money ppl. Suckers rally like in stock.
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@Bohobabe17 so quality of life is only in a house.. quality of life is in having time for hobbies health fitness nutrition and career goals not just owning a house and specially when you get stuck in it and can’t move or drowning in debt. Having peaceful sleep at night is quality of life
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This is bad advice. Let’s say I can afford 500k home comfortably now. That same house was 250-300k in 2019. Why will I overpay the seller all my hard earned money. No way I am going to save and wait this one out. Kicking the can they have reached the end of the road. It’s either hyperinflation or high interest rates. Fed has no choice
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@jeremyroper7273 exactly. The only doom is my cost of living has gone up by 30-40%. Dude which world are you living in. They are avoiding a recession but inflating away our living
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@hoapres ok let’s assume the inventory dries up, new homes are not built anymore as ppl can’t afford them. So the construction industry dries up along with every other industry associated with it as ppl are not buying or moving. They lose jobs and then other industries too lose jobs because there is no money moving and when that happens supply will increase as ppl cannot pay either their mortgage or their rent. Every industry is interconnected. We all are interdependent on each other. You are such a fool to think builders will stop building or if we can never buy again. And if at all let’s say fed pivots then hyperinflation will kill this country and it’s currency. USA will no longer be the world power. No one will carry your debt. FED is not foolish like you. Just so that the price of your house doesn’t fall, you want the country to be doomed
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ok let’s assume the inventory dries up, new homes are not built anymore as ppl can’t afford them. So the construction industry dries up along with every other industry associated with it as ppl are not buying or moving. They lose jobs and then other industries too lose jobs because there is no money moving and when that happens supply will increase as ppl cannot pay either their mortgage or their rent. Every industry is interconnected. We all are interdependent on each other. You are such a fool to think builders will stop building or if we can never buy again. And if at all let’s say fed pivots then hyperinflation will kill this country and it’s currency. USA will no longer be the world power. No one will carry your debt. FED is not foolish like you. Just so that the price of your house doesn’t fall, you want the country to be doomed
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It’s a start…. Just wait another 6 months. Car bubble will pop faster than housing bubble
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You are too funny. Ppl cannot afford basic necessities. How can they afford home
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This is bad advice as things are looking really shaky everywhere. There is no job guarantee right now for many. If you buy at the top right now with high prices and high interest rates and you lose your job your entire life will be ruined. Waiting 2-3 years is ok then ruining 10-15 years of your life and set you and your kids into financial setbacks for years together.
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@saiyjin98 I can afford in the current market but I will not. Waiting won’t hurt me
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Dumb ppl. Inflation is eroding our living standards and he talks about economy
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