Comments by "Cyrus M" (@cyrusm3391) on "It's worse than 2008. Homebuyers taking out 1% Mortgages (Foreclosures Coming)." video.

We've been in a recession
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You'll have to provide data how many are actually accepting this offer. As far as I'm concerned they just rolled this out.
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@juliorivas7428 if there are 16 leading indicators stating decline, then why even care what the FED says? We've had previous recession and did fair. It's not a matter of or if a recession comes but how significant of an impact it will be. People here talk like they want a depression. Sure let it come and noone wins!
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@juliorivas7428 I agree but to what the degree it will be, we don't really know. IMO not as bad as doomers would like.
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So Julio how's that lowered rates coming along lol ?
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@juliorivas7428 how's 2024 cleansing coming along? We are still in a recession. Pls don't listen to guys like these who are too rigid and can not adjust to alternative patterns of the econony of today.
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Wow I remembered when Cerritos was only $400-500K...it's an ok city IMO.
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 @CaptainCaveman1170 it's going to be sideways, dip and rise. But SoCal is far from crashing.
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@marcmcreynolds2827 im old enough to remember movie tix at $6, gas was $0.85, burritos at Alberto's Tacos for $7, and a street sweeping ticket at $25 lmao Nowadays my HS niece gets paid hourly for her subway job the same as my first job outta college.
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@twattgurll it's not always true. "Scared money don't make money" is also true. Risks and rewards also takes experience. Investors invest they don't always or need to wait because they have capital to spare.
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@slimdude2011 it's an anecdotal, don't take it seriously. Age of elderly is subjective to most? My aunt was considered 65 elderly went back to work (engineer) after 2 years cuz she was bored and wanted to continue working for the hell of it. Most anecdotes are not the general rule, including mine.
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