Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Homebuilders are Taking HUGE LOSSES (60% DROP in Buyers)" video.

@ReventureConsulting Winters is a 'casino town.' Cashe Creek is the primary employer for the area. For Piper's sake, CC had better be recession proof.
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Just think For me, it's the financing. Six-months from now the mortgage market will be punked. Home buyers need financing. Lending standards will rise at the very moment when salaries are under pressure.
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Just think Circa 2009, the Fed began massive mortgage buying... a really new policy. The industry turned into a paper mill -- as the lender was now the Federal Reserve. If the borrower met the requisite standard... the loan would be shunted through to Uncle Sugar. Today, such mortgages are being 'rolled off' by the Fed. Traditional lenders are now back in the driver's seat.
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Texas, California and Florida have been absolutely BOMBED with illegal immigrants. They have to live somewhere -- and the Federal government is often paying their rents -- one way or another. One aspect of this is that those at the bottom of born-in-America society are now living on the streets. They lost their jobs to cheap illegals -- who have no alternative but to come in at the bottom of the labor market, themselves. This was seen one-hundred and thirty-years-ago in Boston and New York. The union movement grew because America had unlimited immigration -- wholly legal at the time. The noobs had no choice but to grab jobs -- at even lower wages -- than current employees. WWI ended all of that. It also ended the reign of the land barons of Boston and New York. They lived like princes on the backs of immigrants. America never had TRUE slums until steam ships could bring astounding numbers of immigrants to America. At all times prior, immigrants had no choice but to head off and establish a subsistence farm. (Trading with Europe scarcely existed.) The building numbers get truly crazy only if you look at multi-family units... not homes for millionaires. If Congress could ever shut off Biden's open door, blue color wages might recover -- same as they did from 1915 through 1929 -- when immigration was chocked way, way back. Even FDR threw the Mexicans out of California. (Their descendants are still bitter. Yup.) If wages stay on the floor -- a certainty with wide open immigration -- to include fleeing Russians -- rents can't rise. In fact, they will simply flip over and drop. The weeping by apartment builders will exceed Noah's flood.
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Such Internet statements are virtue signalling. Period. Roe had absolutely no relevance to such an epic decision. Such wealthy women could fly to Albuquerque in a heart beat and eliminate baby. Yuppies very rarely need abortions... which are overwhelmingly performed in the inner city for welfare gals.
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