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Cyrus M
Real Estate Mindset
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Comments by "Cyrus M" (@cyrusm3391) on "Prepare For the Longest Foreclosure Wave In History" video.
Its called capitalism and free market
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You should be a multi-billionare by now, are you?
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@davidallen2682 you should know by now "Free market" always involve the govt. You're a free citizen but live through the confinement of the law. Why do people only complain about govt involvement when it's not doing them the favor? Obviously not when Trump was around and rates were near zero and everyone was over-consuming. Lots of people just missed out or were outbid during the biggest opportunity to purchasing RE during that time. That's capitalism. Big bank eat small bank. I agree its not the best of time economically now, but while most think its a crash, I think its any inflationary correction.
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@joseCalderon1976 cool story dude
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@davidallen2682 bailouts keep the small and big businesses going which in turn provides and maintain employment to many people. It also maintains access to credit for businesses. The free market is not in structured to encourage spikes in unemployment. Try again.
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@bpb5541 this is how the Great Depression of the 1920s happen. Ill rather have the Great Recession anyday. Bailouts of banks need to happen to avoid drastic unemployments and maintain borrowing credit by businesses. These business provide employment to many people. Granted, these banks CEO's should not be using bailout money for yachts and expensive vacations. Thus you have govt to step in again to create regulations and enforce them. Its not just economically but environmentally as well. Just like people, free market still need to be governed.
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@davidallen2682 exactly no rebuttal. I rest my case
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@michaelallen1154 aaahhh capitalism and free market and its impact to american economics, specifically to the housing market. What exactly do you not understand, specifically?
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@rogerbec5766 i can agree it is indeed abusive and corrupt
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@davidallen2682 what is exactly false?
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@jvz28az I wouldve invested heavily when the buying was low if I forsaw what you did. Apperently you knew the market for the last 15 years
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@privateprivate4882 what do rate cuts mean for foreclosures?
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Its not rocket science
1