Comments by "worn down" (@worndown8280) on "The Big Lie | The TRUTH about the Housing Market CRASH" video.

  1.  @MHFIN  But how high was the original run up until then? Most of that run up happened in the last two years and then POP.
    1
  2. Demographics. Boomers. 29% of Boomers have already passed. The remaining 71% own 44% of all US homes. As those boomers die their families will need to liquidate those assets. The Gen X and Millennial generations are already past and fully into family creation mode, so their demand has peaked as well. The generation coming up, the zoomers, is an echo of the x'ers, and is the smallest in American history. Gen Alpha, created by Millennials, is not even half the size it was expected to be. This will all be deflationary. The demand for ever increasing home prices will just not be there. Per every demographic analysis peak demand was 2020.
    1
  3.  @MHFIN  Immigration is even worse. It bypasses the young age which is the age that individual had the most money spent on them. Though you do get an instant worker who deflates wages at their level of work and while you get a worker, they are lower end workers, generally speaking, making it even harder for the poor. And even places like Mexico arent even at replacement rates. None of South America is. Out of 195 nations, as of 2020 only 12 had fertility rates higher than 2.1 per woman. Immigrants would probably have a higher impact on rents rather than home prices.
    1
  4. No one pays attention to the demographic cliff we are heading for. I dont even think companies are showing drops in demand. Apple refuses three separate times on its latest meeting to even answer questions about future demand. I cant tell if they are ignorant or blind to it. Or many its a case of we are going over the cliff so what does it matter?
    1
  5. The government does though. It needs your tax revenue.
    1