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Cyrus M
Orlando Miner
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Comments by "Cyrus M" (@cyrusm3391) on "FIRED! They Blame Housing Market For Loses (Fall From Grace)" video.
So with all that said and done...lets all continue to stay renting until prices are atleast 40% cut! Pre-pandemic prices here we come! Noone is going to outbid this time.
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@BAMWmusic This is what Orlando said 24 months ago!
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You have to be kidding me right?! RE is not as important to the Fed as consumer & goods. They don't care if citizens are homeowners or not because the Fed only wants to please rich multi-property owners. Regular citizens can stay renting for all they care.
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Is it the realtors or the buyers putting in higher price points to outbid the 30 other bidders?
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Crash #2, here we come!!! It's gonna happen 2024 and I'll make sure to buy atleast 3 houses
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@jaydeeare285 What other choice do we have? And not for long! And many will just move in with parents. And why a Porsche, out of all the vehicles in the world, you use it to buy a Porsche brand smdh?!
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Why make production when no one is buying?
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@InvestingWithAdamK same here in CA...goes through AMC, appraisers are lottery-picked within property location
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What about if prices don't go down from here?
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@Larrysleft4deadagain Are you talking about inflation rates or house prices? Why would high house prices cause unemployment for those looking for a house? I'm assuming you're talking about inflation. Prices of houses don't have to rise either. Can it maintain where it is now, what would happen then ?
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@Larrysleft4deadagain dude tell me something I DON'T know. Prices aren't going up anymore but it's definitely not going down significantly. We are not going into hyper inflation, its going to stay stagnant. Recession or not, plenty of metro areas are still staying resilient. Lagging indicators blah blah blah...every bear have been saying that since 2020. One thing that is not going to happen is a significant drop in house prices. Rates are going to go down which will be in favor of the labor forces and corporations.
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@Larrysleft4deadagain what are you talking about?! Lol interest rates goes down and it's beneficial to All businesses especially consumer goods, and energy, the two most important consumption in the world. If limited number of people can't buy houses, the only ones going to be hurting is anyone working in or related to the RE industry. The fed doesn't care about the health of the RE market as much as other issues such as consumer good and energy, border integrity in the sunbelt states, and esp. immigration, etc. If the Fed did ever care, homelessness would be dramatically lower.
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@ladycheyne5607 they're not gonna do anything. They bought up what they could already
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