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Re3iRtH
Michael Bordenaro
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Comments by "Re3iRtH" (@Re3iRtH) on "3RD STAGE of the Housing Market Crash is Here..." video.
20% would constitute a crash? If most markets go down by 20% we're looking at 2021 prices. That is when everyone and their mother was predicting and waiting for a market crash. Also, there have been YouTube videos and posts on forums since 2016 predicting of a housing market crash next year. It never happened. If housing were to drop 40% tomorrow we are still at 2019 prices, where you still saw YouTube videos one after the other predicting a housing market crash and telling you real estate was overvalued.
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@CaptainCaveman1170 the point is everyone was making recommendations every single year for the past 7 years to "wait to buy real estate, wait to invest in real estate until next year when the market crashes". And how's that advice worked out?
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@CaptainCaveman1170 housing could go 30% down tomorrow and all the Doom and gloom YouTube channels are going to tell you I told you so. But the hilarious thing is even if housing goes down by 30% tomorrow, we're still back at early 2020 prices. This was the exact same time the same people we're telling you there will be a market crash anytime now, and that real estate is overvalued. The way it works in America is the old Chinese proverb - the best time to plant a tree was 20 years ago, the second best time is now. Substitute free with real estate. The Doom and gloom channels are only designed to generate clicks and eyeballs making them money.
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