Comments by "BelieveInYou" (@Youknowwhatscoming) on "Is The Housing Crash Canceled?" video.

I don’t understand how some ppl are getting into $800,000 with 6% interest rates and thinking it’s a good time to buy
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@worndown8280 then they have rye choice to sell now and still get good money instead of expecting may2022 prices. That kind of appreciation will not happen again. You know economy is broken when houses appreciate 40% a year. If ppl have to fork 30-40% of their income for mortgage then there will be less money for other spending and eventually economy will tank one way or the other
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@MissBabalu102 there was no real growth.. demand only because they printed and distributed money. So in terms of any innovation advancement or products nothing.. it was a fake growth
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@Peri Grinn I didn’t get your point. Fundamentally I know there are lot of things going wrong in the current market. It’s just a matter of time
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@worndown8280 hyperinflation in economy means every day goods are expensive along with shelter. How do you think common ppl will afford to survive. 60-70% crash no one wants and it won’t happen. But 30-40% correction will revert it to mean. And there are greedy folk’s everywhere even those who want house prices to appreciate 100%.
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@Peri Grinn oh yeah exactly.. thank you for clarifying.. your wit is next level for my brain😃… for the majority this inflation and unaffordability is bad. Only those who already own a home don’t want prices to go down even if that means hyperinflation. They want house prices only to go up up up
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@zackeryhardy9504 well said. All because of some corrupt ppl who didn’t want stability and well being. Because of this manipulation rich keep getting and poor get poorer. Ppl cannot afford basic necessities and struggling and Musk and Bezos compete to go to Mars. Such a waste of money and resources 🙄
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@lanthanumlanthanium6373 I have my own reasons for staying in an apartment. I will not look into buying until 2024 end so I am good until then. May be I will waste money renting but it’s the best situation for me
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@worndown8280 if you ask me except for the ultra wealthy most ppl are screwed and layoffs will make it worse. Companies only care about profits. Right now is the worst thing happening. Inflation is still high interest rates will remain high and ppl don’t have money. You cannot hyperinflate economy just for housing alone as that will be worse for the ppl and the currency. USA could very well lose its world currency status as no one will have any faith. It’s not as simple as just cutting interest rates
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