Comments by "Joe Swanson" (@joeswanson733) on "People Now Spending 60% OF THEIR INCOME on HOUSE PAYMENTS" video.

  1. you are now in the top 10% of the country because being a homeowner now puts you in the landlord class.
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  2. why else do you think peopel rom coastal states are moving to the mid west... because they're taking advantage of location arbitrage.
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  3. you're gonna get priced out
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  4.  @amrice62  most people that own houses have a house worth $500,000 and up some places worth $1 million. Basically anyone that owns a house is sitting on a golden egg
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  5. michael is on his way to become a celebrity. you know it's a big deal if some random person recognizes you from the internet.
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  6. congrats you now belong to the new top 10% class in america. owning real estate is now a prestigious position to be in.
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  7. problem is no one can see the future if we jsut go off of hte long term trend house prices are going up. they aren't coming down. maybe acorrection here and there in the long trend it's going up. houses that sold for $10,000-20,000 back in the 1950s that same house is selling for what like $500,000 these days? you get the picture.
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  8. because the interest isn't high enough... you want housing prices to go down sure jack it up to 20 %. im sure housing prices will go down in time.
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  9. actually with hyperinflation you can pay off your mortgage in record time as your mortgae doesn't go up with inflation. while your thousands of dollars become millions of dollars but every other aspect of your life is gonna suffer.
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  10.  @ProfRedPill  I hear ya
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  11. what they're trying to distract us is that we may not have the same conditions as 2008 but another financial crisis could emerge just something else different. of course we'll never have the same crisis twice. but another crisis is not out of the question. america is in a ultra debt bubble. with multiple bubbles all signalling red alert.
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  12.  @user-zb7tg5hi3t  i read that america as we know of it. classic america. that's dead already it's been dead for at least 10+ years already
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  13. and your'e just one paycheck away from getting kicked out.
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  14. easy for him to say he bought his house 65 years ago...
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