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worn down
Real Estate Mindset
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Comments by "worn down" (@worndown8280) on "RATES FLIP What's NEXT For The Housing Market" video.
If the Fed pivots, IF, then inflation is going to explode and because people are stuck buying necessities mortgages will have to decline simply because people do not have the income to purchase everything they need. This will slow the economy further and people will get laid off. Thus putting even more downward pressure on assets. In 2010 157 banks went under. The last 4 years less than 10 have. We need a little fire to clean out the forest. So either the Fed doesnt pivot and the weak poorly run banks and businesses go under or inflation takes out an even wider chuck of both the good and the bad.
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@realestatemindset Yup either way I mean its a dumpster fire. Thats what happens when you just make it rain money. Monetary supply must have a natural and not a political constraint. It was a good video. I always enjoy your content.
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