With so much talk about the 2020 Recession. Here are my thoughts on the idea behind the 2020 Recession and how I would approach the housing market for first time home buyers or real estate investors!
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35 thoughts on “Is it too late to buy a house before 2020 recession?”
  1. Avataaar/Circle Created with python_avatars Tonio Espinoza says:

    Bet your buddy has his tail between his legs now ! CORONA VIRUS ITS GETTING REAL ;D

  2. Avataaar/Circle Created with python_avatars Sixto Gallardo Jr says:

    Dude no you don't know

  3. Avataaar/Circle Created with python_avatars smitherbeanz says:

    Ayeee fellow Sundevil!

  4. Avataaar/Circle Created with python_avatars Lawrence Chew says:

    Why buy a house now if you believe the 2020 recession is coming? Buy only when the market has crashed!

  5. Avataaar/Circle Created with python_avatars 4 Queens Tarot says:

    this is why people do not want to buy a house right now they don't want to $300,000 house so they might as well wait in anticipation or expectation for the market to drop so they can get a deal like you did.

  6. Avataaar/Circle Created with python_avatars actwealthy says:

    Ricky, there is no 2020 recession for real estate, bro. Consider the 18 year real estate cycle, which would bring us to 2025 for the buyers market. Look at the Land sales…construction isnt enough to handle the growth. Land is the new frontier, but there is still more demand than supply, and will be for another 5 years. stock market, business market cycle too.

  7. Avataaar/Circle Created with python_avatars Sebass says:

    You didn't answer your question u asked in video headline. You rambled about your principles.

  8. Avataaar/Circle Created with python_avatars Baba C says:

    Always like your video. Is there any chart for housing price to track?

  9. Avataaar/Circle Created with python_avatars nerdpiece says:

    Why would you buy a house at the absolute top of a market cycle? Makes no sense, wait till it capitulates would be smart advice.

  10. Avataaar/Circle Created with python_avatars Jose Guzman says:

    what do you guys think about the real estate for sale in detriot MI? I have seen a lot of cheep houses for sale there. Of course I see a lot of them need work.

  11. Avataaar/Circle Created with python_avatars C H says:

    Buy SILVER & XRP. Those are the soon winners. We’re skimming the top of the housing market. 0.03 of dollar purchasing power left. The Everything Crash will be around 2021-2022

  12. Avataaar/Circle Created with python_avatars Go Go says:

    I will keep saving money and confidently wait until price of houses are becoming right for me. I think recession is coming this time.

  13. Avataaar/Circle Created with python_avatars Jim Kelly says:

    You should never buy a house before a great recession. The last one caused 4 million houses to foreclose, 8 million people to lose their jobs, and some have never recovered. If your house devalues by 50%, buying a house would not make sense, especially if you borrow money and have to pay for a house under water.

  14. Avataaar/Circle Created with python_avatars Samath Eng says:

    G

  15. Avataaar/Circle Created with python_avatars Richuals says:

    Great advice!

  16. Avataaar/Circle Created with python_avatars A Mortal says:

    Rickies message: I have nothing to tell you, here is my story but go make your own decisions cuz who the frick knows.

  17. Avataaar/Circle Created with python_avatars BCreative12 says:

    Too early. 📊

  18. Avataaar/Circle Created with python_avatars Michael Gordon says:

    I would say that the vast majority of the United States is not in a real estate bubble. However, there are many markets where prices have moved far beyond what the local wages can support. The only reason we have these crazy prices is due to the Federal Reserve doing everything in its power to keep prices high. But the Fed cannot artificially inflate things forever.

  19. Avataaar/Circle Created with python_avatars Free Trader says:

    I'm in the same boat but you have to make sure the deal make sense no matter what the market that you're in. Focus on the cash flow.

  20. Avataaar/Circle Created with python_avatars POTHIK AHMED says:

    I am about to close my first home in a week. I don't think New York housing market will crash, It's a busy city and demand is high..supply is low in a good neighborhood. What's your thought? Thanks

  21. Avataaar/Circle Created with python_avatars Jorge Pulido Valadez says:

    I enjoyed the video thanks

  22. Avataaar/Circle Created with python_avatars Ibis Oros says:

    Made over 500 today on tvix lol sold it and bought back reg stock to see if i can profit tomorrow.

  23. Avataaar/Circle Created with python_avatars Clayton Eicher says:

    Ricky called it here, the 2025 RECESSION!

  24. Avataaar/Circle Created with python_avatars Veryslow10r80 says:

    this video could've been a 10 second video. simply say "your money you do what you want". lol

  25. Avataaar/Circle Created with python_avatars Janet Lis says:

    NO RECESSION

  26. Avataaar/Circle Created with python_avatars louis f says:

    Thank you 👍👍👍👍👍👍👍

  27. Avataaar/Circle Created with python_avatars Khalid Al-hamadani says:

    only way to watch these videos is 2x lol

  28. Avataaar/Circle Created with python_avatars Dan Paulin says:

    If your answer isn’t “it’s smarter to wait” then you have agreements with people who are trying to get suckers to make foolish decisions so they can pull their money out of the market

  29. Avataaar/Circle Created with python_avatars matthew medus says:

    Most houses are at reaching it's peek with today's market. I would for sure wait for that drop to play itself out. Risk>Reward. Don't get me wrong you can find deals anywhere. I just don't like playing the house market on a bearish market. I rather take that money put it in a savings account that builds interest till that market becomes bullish. I like to buy when the Dow Jones is between 10k-20k. I could be wrong and it could shoot up another 5k in the next few years. I just prefer to play it safe.

  30. Avataaar/Circle Created with python_avatars Michael G. says:

    Thanks Ricky for the inspiration, just recently went into the app business and I’m glad I did it. Managed to make at least 8 so far

  31. Avataaar/Circle Created with python_avatars Kaiser Clipston says:

    A recession would honestly be a blessing for those of us willing to invest. There is a lot of money to be made, but that wont stop me from investing now either 😉

  32. Avataaar/Circle Created with python_avatars Jorge Rivas says:

    Yeah, talk of 2020 recession is just "talk" and "fears" generated by the media.

  33. Avataaar/Circle Created with python_avatars Ryan Mitchell says:

    I cant wait for the recession, the market never dies and always corrects over time, it's the best sale anyone could ask for

  34. Avataaar/Circle Created with python_avatars Tanish Reviews Film says:

    Rich people will get richer and poor people will get poorer

  35. Avataaar/Circle Created with python_avatars Ricky Gutierrez says:

    If you are an active DEAL HUNTER, let me get a LIKE!

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