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Michael Bordenaro
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Comments by "" (@tobyk5149) on "Housing Supply EXPLOSION COMING IN 2025...HERE'S WHY" video.
@hvaball150 equity will vanish over next 3 years
3
who? Hollywood
3
buyers will not cave this time
2
@ChrisBrown-hr6mc take your own advice
2
… yet.
2
Aerosmith!
2
not intetested in rust belt
2
lol
2
until equity soon vanishes
2
short-sales incoming
2
whoopdee-shit!
2
@DIVISIONINCISION IF
2
yup
1
that equals delaying the inevitable
1
your logic is flawed
1
@aloksrivastava7938 i dont need to. I am not confused
1
@jim165670 more strays
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They are overpriced
1
yup
1
Quite obvious gaslighting and shilling, no?
1
@Cruel_Shoes Yes you are correct but should realize that when you bought, the mortgage was not much more than rent for an equivalent home. Buying now would have a mortgage/insurance/tax/HOA double tge cost to rent an equivalent home.
1
@hvaball150 because it costs half the price for same place
1
SELL now
1
agreed
1
… yet.
1
@MrSteeDoo troll
1
yes that is exactly what will ensue
1
Most people were saying exactly that in 2007
1
so you were not a bill-paying adult last time a housing bubble bursted. It took ten years if very low interest rates for prices to recover to their all tine highs
1
@Corkfish1 were you saying this in 2007 also?
1
@MrSteeDoo neither do you
1
@Micray55 lol
1
@DIVISIONINCISION says the bubble price buyer soon to be bag-holder
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spoken like a true bubble price FOMO buyer
1
so hurry up and buy. Go all in now
1
yup
1
Wall Street will not buy any homes if the ROI is less than 5%
1
decades ago yep
1
… yet.
1
yup
1
Yes and many will stop paying their mortgage for exactly the reasons you stated. That is exactly what happened last housing market crash 2008-2012
1
Yup
1
huh?
1
yep we have seen this movie before
1
increasing supply leads to decreasing prices
1
are you?
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that is not what happened last time. You may have been too young to have recognized it
1
@MrSteeDoo thank you Captain Obvious!
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if it does not produce at least 5% ROI, they will have no reason to buy
1
Deflation
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Most areas they can rent an equivalent home for half the cost mortgage+insurance+tax if purchased 2022-2024
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spoken like a true realtor
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nope not that simple
1
oh sure chicken little
1