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Re3iRtH
Michael Bordenaro
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Comments by "Re3iRtH" (@Re3iRtH) on "Banks Are Making BAD LOANS! (Mortgage BUST in 2023)" video.
I've never heard anyone say "prices will not come down" that is BS that Nick said in this video and you parroting him. Literally no one has said "prices will not come down". People said that real estate hedges inflation and will be worth more 10 to 20 years from now. We also said not to try to time the market. Their have been "market will crash in 6 months videos" every week on the internet since 2016. You waited 7 years for no reason. Some of us are financially free and no longer need to work because we took action. You can buy good deals any time. Nick is a youtuber he doesn't own real estate but you are listening to him as gospel. He is an entertainer.
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While your rents are going down my passive syndications in Pheonix are still returning a 20-35% IRR year after year because we are still buying good deals. Economic occupancy can do down to 55% from 94% and we would still earn a profit.
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