Thank you Mr. German for sharing Bruce Norris with others! Thank you Bruce for your philanthropy to us fellow RE investors. Thank you for making use aware of the rent control laws proposed in 2024 elections that impact single family houses, not good :[
Chris is addressing all the really important facts about the new laws as Mike Brennan broke them down the other day. Talk about having to have a strong stomach. And this is a big concern Right now.
True, interest rates will fall and prices will rise, but the question is, at what point? Keep in mind we have had 3 decades of interest rates that have been trending downwards. We could very well be on the other side of that trend. If a seller has a need now, then one must be aware of the current parameters of the market.
I agree. Bruce is guessing just like the rest of us. If rates fall somewhat, the appreciation will be the GOAT. If rates fall back to 3, it will be because there was a nuclear detonation somewhere on the planet or a completely new pandemic and prices will be way down. A lot of people guessed sell in 2019 and that was a huge mistake.
Yes. Demand is high, but so are the prices of inventory. Most people can’t afford it. The corporate and foreign investors pushed everyone out with this false inflation by pushing the regular buyers out. This bubble will pop and it’ll pop harder than 2008.
I agree with the statement prices may go up for a while if the interest rate goes down, but if people can’t afford it, and the prices are out pricing people they will not be able to buy them. Love this program, I watch it religiously I am a landlord of 28 years in Los Angeles and an old member of apartment owners association. Also go to Dennis block and Mike Brennan now. Thinking about calling the apartment dealer one day he’s pretty cool.❤
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Thank you Mr. German for sharing Bruce Norris with others! Thank you Bruce for your philanthropy to us fellow RE investors. Thank you for making use aware of the rent control laws proposed in 2024 elections that impact single family houses, not good :[
Thank you for watching! We're glad to share the info.
Thanks. Hearing Bruce's take on the real estate market is really interesting and helpful.
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Bruce always makes me triple think my thoughts.
Bruce I love the charts
For those who who don’t know him, this man is the GOAT 🐐
Chris is addressing all the really important facts about the new laws as Mike Brennan broke them down the other day. Talk about having to have a strong stomach. And this is a big concern
Right now.
All FUD! Demand is very high in California….
Int rates will eventually fall and prices will climb!
True, interest rates will fall and prices will rise, but the question is, at what point? Keep in mind we have had 3 decades of interest rates that have been trending downwards. We could very well be on the other side of that trend. If a seller has a need now, then one must be aware of the current parameters of the market.
I agree. Bruce is guessing just like the rest of us. If rates fall somewhat, the appreciation will be the GOAT. If rates fall back to 3, it will be because there was a nuclear detonation somewhere on the planet or a completely new pandemic and prices will be way down. A lot of people guessed sell in 2019 and that was a huge mistake.
Yes. Demand is high, but so are the prices of inventory. Most people can’t afford it. The corporate and foreign investors pushed everyone out with this false inflation by pushing the regular buyers out. This bubble will pop and it’ll pop harder than 2008.
I agree with the statement prices may go up for a while if the interest rate goes down, but if people can’t afford it, and the prices are out pricing people they will not be able to buy them. Love this program, I watch it religiously I am a landlord of 28 years in Los Angeles and an old member of apartment owners association. Also go to Dennis block and Mike Brennan now. Thinking about calling the apartment dealer one day he’s pretty cool.❤