Comments by "" (@tobyk5149) on "Michael Bordenaro" channel.

  1. Repo Man
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  2. yep. When greed becomes fear, the time to buy is near
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  3.  @brianglas7768 you first
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  4. … yet.
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  5. BLAAAH!
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  6.  @pmscalisi you do not understand that rent cannot rise more than people are willing to pay regardless the landlord expenses. Many landlords lose every month
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  7. my tax money should not help you pay for anything!
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  8. ghost jobs and data collections
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  9. If bought at the peak it may take 7-10 years to be able to sell for that sellers purchase price. This happened to many who purchased 2005-2006 in Cali, Phoenix, Vegas, FLA, etc. Underwater for 7-10 years depending how much was downpayment paid
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  10.  @Jack-pd4ps not greedy to try to avoid overpaying for an asset that is clearly beginning to show price bubble deflation
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  11. please stop repeating that absurd crap
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  12.  @MrSteeDoo go back to playong video games doofus
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  13. same trite comment every time
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  14. your point?
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  15.  @scottmcamis2127  how do you figure? “make things worse” how? Define worse.
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  16. Yup!
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  17. thank you for your service soldier
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  18. many will be holding an expensive bag of crap when they see equivalent homes selling for 50% less than these FOMO buyers paid. That is one scenario that will trigger strategic defaults and the ensuing foreclosures and short sales
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  19.  @jaydeeare285 please enlighten us Jay. It is obvious in the context of the post that those who overpaid for a home in the last 2 years will soon owe more on the loan than the home is worth or if paid cash, home will be worth much less than the inflated purchase price; that owner will be the bag holder. The lesson is to learn from the past and avoid buying on FOMO or risk being the bag holder
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  20. Not true. For those who bought at inflated prices, will not be able to sell for enough to pay off the loan balance. I have seen this movie before and seems you dod not but soon enough you will see the rerun
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  21. Bingo
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  22. salespeeple
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  23. yet
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  24. draw a circle around Oakland and SF. That is the no-go zone of Distopia, CA and soon will look like Mad Max
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  25. F the investors. Smart money got out at least 18 months ago
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  26. if a home buyer cannot even afford a “a few thousand to pay their realtor”, how can they afford a home that costs hundreds of thousands of dollars?
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  27. lol
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  28. so true
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  29. same
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  30. stop watching. simple
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  31.  @hvaball150 US housng market the prices in many large cities in the Sun Belt dropped 50% by 2012 from 2005-2007 prices. Do your research before spewing lies
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  32. if has no equity or negative equity, the home is absolutely not an asset
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  33. too bad it is in Cali
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  34. 😂
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  35. not safe
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  36. hopefully other locales follow Palm Springs lead regarding Air BnB, VRBO and all this STR type ridiculousness
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  37.  @DIVISIONINCISION  probably many losing jobs or being told to get back to work in office in California
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  38.  @GrantDWilliams82 nobody deserves “free money” comrade
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  39.  @ethanbrownell4564 The victim is the person who never went to college or paid their own tuition like I did or paid their loan back but now will be forced to help repay someone deadbeats’ loans
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  40. are you insane?
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  41. jail and lawsuit are the bigger risks
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  42.  @ShadyD365  and they gotta lotta nice girls!
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  43. please explain when and where this happened
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  44. wishing you good luck on the job search
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  45. that is good news!
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  46. seems you are projecting your jealousy Francisco. Maybe you bought at ATH and have no cash on hand to scoop up the deals that will be available soon enough?
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  47. yes comrade, but what is the alternative?
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  48. wrong
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  49. you dont know so go ahead and buy now
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  50. house prices may start dropping fast in Rio Rancho
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