The most dangerous comment for the housing market from the Fed.
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This video has had too much coffee
Wrong! Renters will be way better off as the government will shield them from rent hikes to slow down the effect of inflation. The last thing the government wants is everybody taking the street or everybody stoping paying their rent. Home owners and home speculators qill have to swallow the pill 😉
I think Open Door is in big trouble, as well as Airbnb. How do you think the economy is going to deal with so much lost inflation value when the housing market declines like it does? I mean you're literally talking money completely disintegrating and disappearing. It's not like there is any profit to be gained on the negative end. I saw in your interview today that you touched on some of the geographic location variables, I'm in West Phoenix and there is a lot of money in Phoenix. The housing room out here is still going on full swing and I mean full swing. It's complete Insanity still, literally complete developments and neighborhoods as far as the eye can see are being built as well as Giant commercial buildings. Phoenix is the 6th fastest growing city in the United States and everybody's leaving the liberal shithole of California to come to more conservative States. If Trump runs again and wins or ends up being desantis, what is your opinion on either one of those candidates and their economic growth plans? Because if some way somehow Trump gets back in office, I think we're going to see a repeat economically of 2016, maybe not quite as strong as quickly but I think it'll happen nonetheless. I still think we need consolidation and correction, however as you stated in your video, the feds economic policies are complete garbage and this type of reset is not necessarily the best way to do it but it's what we are stuck with.
“If you’re a homeowner or a renter”
Me living under a bridge 😎😎
😮
Kevin is a hyperbolic child
RESET aka GREAT RESET
Too bad wages are the tortoise in this race
Rents when start to come down when they landlords Gota pay cash for keys. When they gota go to the expensive eviction process. You think we will have a major recessionary crash and bad economy with high high rents ? Think again
I’m cheering for a crash
Love how almost all videos on YouTube have almost all comments not showing anymore. Love how he mentions reset….
End the fed
This pricks are just screwing working class Americans. How about fix the supply side of things ? We need more housing . Obviously prices are going to stay high because no one is selling there home being locked in at a low interest rate .. and double whammy . Landlords will feel like they can raise prices .. thanks federal reserve and congress. 🎉
Can't wait to raise rents on tenants. Keep that metric high!!
All these WEF members. Pathetic
IT'S ALL GOING DOWN!
THE FEDERAL RESERVE IS DONE!
RESTORED REPUBLIC!
Hey jpow… your 2 years of 0.08% fed rate created this red hot market
Jpow has no idea what he's saying or doing
Once I move out of my current house hack it will cash flow $1800 but getting the next house has been difficult in these times.
Housing prices doubled in San Diego in the last 2 years . If market crashes I would be happy
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