Comments by "Ivancho" (@ivancho5854) on "What's the US Housing Market Doing? || Peter Zeihan" video.

  1. IMHO Peter got everything right here and I think that doesn't happen often when he is talking about economics. However he missed something... something really big. Demographics dictate that the lack of demand caused by the boomers retiring and transferring their savings from stocks to bonds is going to hugely affect the economy. They do seem to be hanging on to their stocks for longer than anticipated, but they will eventually or they will die and pass on their savings and the next generation will buy houses probably. The net effect of this and also the very sharp contraction of the money supply in the US will be to cause a recession likely within the next two years. House prices will fall, stocks will fall, bonds will rise, the USD will rise and people will lose their jobs. If you're lucky and have an indispensable job you will be laughing as you'll be able to lock in a very low rate for a home. If not you could be worried about getting your next meal. Buckle up, it's going to be a very rough ride. Good luck.
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  2. Good things come to those who wait. Don't fall for FOMO. Be patient, as far as housing is concerned you only need to get one great deal in your lifetime and you are set. You have an indispensable job, so when a recession comes (and boy it will) you will be able to buy and lock in a great deal. Focus on saving and improving your credit score for now. Good luck. 🤞
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  3. @JosepeSchmoe  Spot on - these are hard times for most people and many have little hope. Look after yourself.
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  4. The market forces are much bigger than any government can control.
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