10 Housing Markets That WON'T Crash

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  • Опубликовано: 9 янв 2024
  • Ken McElroy explores the key drivers and trends shaping the 2024 real estate market. He discusses various factors such as interest rates, construction costs, and demographic shifts, highlighting the top ten markets for potential investment and discussing the impact of current economic conditions on the real estate landscape.
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    Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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Комментарии • 270

  • @ChristopherAbelman
    @ChristopherAbelman Месяц назад +207

    Achieving success hinges on the steps you actively take toward it. Accumulating wealth involves cultivating positive habits, such as consistently setting aside money at intervals for robust investments. Financial management, often avoided by many, can later become a haunting issue. My hope is that anyone reading this finds success in their journey!

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Месяц назад +1

      Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.

    • @FinnBraylon
      @FinnBraylon Месяц назад +1

      I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.

    • @HildaBennet
      @HildaBennet Месяц назад +1

      One of my goals is to employ the service of an asset-manager this year. I've seen some off social media but wasn't able to get a response. Could you recommend one?

    • @FinnBraylon
      @FinnBraylon Месяц назад +1

      Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.

    • @HildaBennet
      @HildaBennet Месяц назад +1

      It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, tnks.

  • @NicholasBall130
    @NicholasBall130 2 месяца назад +230

    I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

    • @StacieBMui
      @StacieBMui 2 месяца назад +5

      Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

    • @EleanorBaker474
      @EleanorBaker474 2 месяца назад +2

      The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

    • @StocksWolf752
      @StocksWolf752 2 месяца назад +2

      My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

    • @EleanorBaker474
      @EleanorBaker474 2 месяца назад +1

      Credits goes to " Sonya lee Mitchell" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @lolitashaniel2342
      @lolitashaniel2342 Месяц назад

      I just checked her out and I have sent her an email. I hope she gets back to me soon

  • @Greghilton3
    @Greghilton3 2 месяца назад +179

    I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

    • @Elkemartin213
      @Elkemartin213 2 месяца назад +3

      I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.

    • @Jamesbrown1126
      @Jamesbrown1126 2 месяца назад +2

      I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.

    • @CindyValenti
      @CindyValenti 2 месяца назад +2

      How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @Jamesbrown1126
      @Jamesbrown1126 2 месяца назад +2

      There are several independent advisors you could research. However, I have been working with “Amber Dawn Brummit” for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.

    • @SuperLooneyrooney
      @SuperLooneyrooney Месяц назад

      $140k in gold and $140k in silver

  • @shannondavis5728
    @shannondavis5728 4 месяца назад +38

    I’m 45 years old ,born and raised in Lakeland,Florida.I’ve never seen rents go from $600-$900 per month to $1,400-$2,100 per month ever!….that’s well over 3-5% average!!!!!!!!

    • @nanayoseto9968
      @nanayoseto9968 3 месяца назад +2

      Thanks! Just found a well below avg apartment, will capitalize on this

    • @mkeen1808
      @mkeen1808 2 месяца назад

      In Pa, a net loser, 65 miles west of Philly rents have gone up similarly.....

    • @IzabelaJesusLovesYou
      @IzabelaJesusLovesYou Месяц назад

      We moved from the Tampa area to Boca Raton 5 years ago. The rent was $1600, now we pay $3000 for the same apartment (2 bed 2,5 bath 1600sqft). We need to renew the lease soon and we can already see the price on our estate's website: $3,526 😱 We have to stay in Boca for one more year because the children have to finish school here... I don't know how we can afford this rent, it's just too much for us... 😢

  • @susanemig972
    @susanemig972 2 месяца назад +9

    If I hear pandemic savings one more time, I will scream. The pittance anyone actually received was spent immediately. A buttload of $ went somewhere but not to the American people

  • @monkmysterio
    @monkmysterio 4 месяца назад +15

    Tremendous presentation Mr. McElroy! Unparalleled, engaging teaching! A real professor! A real estate GOD and philosopher! THANK YOU so much for casting your pearls again here. I love you man! I know all these statistics are free elsewhere online, but to be able to put it together into a story is absolutely incredible. You continually spoil us lol

  • @PaulaPatioOfficial
    @PaulaPatioOfficial 2 месяца назад +8

    WoW! Straight, to the point and no BS inbetween. GREAT reporting!

  • @tessjones5987
    @tessjones5987 2 месяца назад +2

    Great heads up. Thank you.

  • @inquisitivewanderer2536
    @inquisitivewanderer2536 4 месяца назад +11

    Great info! I appreciate the maps & charts.

  • @neerajchaudhary1821
    @neerajchaudhary1821 Месяц назад

    Ken your material is top-notch

  • @YourTrendingTopics
    @YourTrendingTopics 4 месяца назад +1

    Great information. Thank you

  • @SeanTalkoff
    @SeanTalkoff День назад +5

    It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

    • @SteveDutton-v
      @SteveDutton-v День назад +4

      It's likely going to grow worse. Housing that is affordable will soon become unaffordable. Consequently, I will encourage everyone who wants to take action to take it now, as today's prices will appear to be lower than they are tomorrow. I believe that we will witness hysteria as a result of unchecked inflation until the Fed takes additional action. The band-aid cannot be torn off halfway.

    • @DavidCovington-st2id
      @DavidCovington-st2id День назад +3

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @tmer831
      @tmer831 День назад +1

      Hello Dave, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @DavidCovington-st2id
      @DavidCovington-st2id День назад +1

      My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!

    • @tmer831
      @tmer831 День назад

      I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

  • @vsay2354
    @vsay2354 2 месяца назад

    THANKS, BEST ANALYSIS!

  • @tedrick4713
    @tedrick4713 2 месяца назад

    Good stuff. Thanks

  • @EPLrealty
    @EPLrealty 4 месяца назад +2

    Ken you are one of the best. I watch you all the time.

  • @agi.kitchen
    @agi.kitchen 2 месяца назад +1

    Are you including El Paso Texas? Any advice on having a handful of houses at low interest rates , some paid off, in 💩 parts of El Paso?

  • @hlb0111
    @hlb0111 3 месяца назад +4

    So I should be able to get a better deal buying in one of the states people are leaving, right?

  • @sreymomroeun8568
    @sreymomroeun8568 4 месяца назад

    Love to listen to podcasts.

  • @dhowto3005
    @dhowto3005 4 месяца назад +1

    Thanks

  • @anniealexander9616
    @anniealexander9616 4 месяца назад +1

    Great information!

  • @steinravnik8692
    @steinravnik8692 4 месяца назад

    Thanks, good info.

  • @LeNguyen-im8dm
    @LeNguyen-im8dm Месяц назад

    Ken is the best.

  • @matth7471
    @matth7471 4 месяца назад

    Thanks for sharing! Anyone have insight on Miami? also looking for a commercial agent

  • @nyrangers3150
    @nyrangers3150 4 месяца назад +1

    Thanks Ken! Invaluable info here...

  • @joetagliente2811
    @joetagliente2811 4 месяца назад +16

    Ken, how are you figuring the cost of insurance into your calculations? FL becoming prohibitively expensive.

    • @dougg4633
      @dougg4633 4 месяца назад +4

      Self insure maybe

    • @wreckim
      @wreckim 3 месяца назад

      @@dougg4633 Good luck with that.

    • @mkeen1808
      @mkeen1808 2 месяца назад

      One you tube example said insurance on a nicer middle class home with pool going up to $400 or so . In Pa my older 2200 sq ft home, no pool, insurance is already at $800 with Erie... Can you share more numbers on actual costs of insurance on similar homes in FLorida? Just trying to get the full picture.

  • @Republicanmouse
    @Republicanmouse 2 месяца назад +14

    The list of growing cities is definitely a “do not move there” list for me. Case in point, you list Portland. That city is about to implode.

    • @opchick0597
      @opchick0597 2 месяца назад +1

      Yes, Portland is a cesspool right now.

    • @mj8495
      @mj8495 Месяц назад +1

      Portland Maine is very nice 😊

  • @johnsonch7292
    @johnsonch7292 3 месяца назад +4

    What happen to Miami, Austin and Tampa not on the list?

  • @cherlgolja5402
    @cherlgolja5402 2 месяца назад +4

    I live in Northern California, you never know people moving out , traffic is still crazy ! 🤪 love this state we republicans will change this state around time will tell ! Gavin gursom will Go!

  • @highenergyideas
    @highenergyideas 2 месяца назад +6

    If I wanted to sell my portfolio in these 10 cities for top dollar before the bubble bursts, this is exactly the kind of video I would make. LOL.

  • @Peterl4290
    @Peterl4290 3 дня назад +5

    I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk 3 дня назад +2

      "Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

    • @Mrshuster
      @Mrshuster 3 дня назад +2

      Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

    • @sabastinenoah
      @sabastinenoah 3 дня назад +2

      this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @Mrshuster
      @Mrshuster 3 дня назад +1

      Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @sabastinenoah
      @sabastinenoah 3 дня назад +1

      I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

  • @Dave-zl2ky
    @Dave-zl2ky 2 месяца назад

    You can add central and northern New England to that mix.

  • @cucumberroad
    @cucumberroad 2 месяца назад +1

    Very interesting Ken! I'm in Seattle, it was just voted in to Re-Fund the police which will hopefully help the crime stats a lot. I'm guessing that you might be watching the older SFR real estate with larger lots go on the market (babyboomers' parents) and then build multi-family housing on those lots. I've noticed many larger lots are adding entire units in their backyards as well as complete tear downs and build side by side townhomes (Laurelhurst/Bryant).

  • @jkbc
    @jkbc 4 месяца назад

    That was a BIG SMILE market

  • @realestateusadominicanrep
    @realestateusadominicanrep 4 месяца назад +1

    Growth seems to matter more for appreciation and not so much for cash flow

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 2 месяца назад

    Love Michigan. Two of five siblings live there.

  • @porcine83
    @porcine83 Месяц назад

    That United Van lines list seems suspect. Vermont, DC, Rh Island and West Virginia? Besides being counter intuitive they are all very small.

  • @jaychou5135
    @jaychou5135 4 месяца назад +2

    No Las Vegas?

  • @scottkidd1969
    @scottkidd1969 3 месяца назад +8

    Great data, interesting that California has a net loss of migration of 500k people and San Diego is booming. It just goes to show time and time again real estate is local. Due dilligence on the area you are investing is of huge importance. You can upgrade the property but upgrading the area is out of your control. Real estate is local.

    • @landeeld9596
      @landeeld9596 2 месяца назад +1

      People are leaving San Diego too. We left two years ago.

    • @Lourdes-A.
      @Lourdes-A. 2 месяца назад

      @@landeeld9596For those that are leaving, they’re being replaced with all the migrants coming through the border.

    • @scottkidd1969
      @scottkidd1969 2 месяца назад +3

      Yes they are, but the net migration is much lower than other markets in California. Each market has its advantages and disadvantages based on employment and population changes.

  • @kerrybaird739
    @kerrybaird739 2 месяца назад +1

    Florida is at the top of in-market shifts according to UHaul, is business friendly. No MSA is Florida catch your eye @kenny?

  • @Techpodshed
    @Techpodshed 4 месяца назад +3

    Are you crazy all them storms and that snow 😅😮

  • @Slide61
    @Slide61 4 месяца назад

    As the wet bulb temp keeps creeping up places to buy probably won't align with current predictions.

  • @troyb.4101
    @troyb.4101 Месяц назад

    Arizona is in the top six, that is insane. Too many moving here. We do have easy transportation here, only Phoenix and Tucson at rush hours are an issue. If you don't live in those two places, average speed on our HWY system is like 62 MPH. Easy to travel here. Property taxes are low. We many have to regulate greedy insurance companies here. Property insurance is rising to fast.

  • @russcollar5353
    @russcollar5353 3 месяца назад +3

    Have you considered expanding your analysis to include Mexico? Some markets here are way better than most any US real estate situations.

    • @mef6660
      @mef6660 2 месяца назад +1

      Which Mexican market has less crime than the worst US market?

    • @ALynnGant
      @ALynnGant 2 месяца назад

      You haven't come here. Mexico City good neighborhoods are VERY safe.
      @@mef6660

  • @jennifer3551
    @jennifer3551 2 месяца назад +4

    Cant help to noticed that so many of the growth areas are also areas that are supposed to experience increased heat, droughts, flooding, hurricanes, etc

    • @mef6660
      @mef6660 2 месяца назад

      Climate change alarmists cherry pick shorter time periods that reflect the increases. Look back at least a century or three to note little change in those items. Ask Obama why he isn't worried about his oceanfront properties suffering rising ocean levels.

    • @derekrequiem4359
      @derekrequiem4359 Месяц назад

      Yep, it's gonna be real interesting to see what happens in the next few decades in the sunbelt states.

  • @cmockingjay7265
    @cmockingjay7265 2 месяца назад +1

    Be careful with seattle. My best friend works for 911 dispatch in seattle and crime is TERRIBLE there still!

  • @darryltognarelli6769
    @darryltognarelli6769 4 месяца назад

    Wow I thought Nevada would in the top ten! Northern Nevada is expanding, but I want to move out of Washoe County

    • @steventeter3332
      @steventeter3332 4 месяца назад +1

      There's gold in them their Hills Elko area with the gold deposits never suffers economically when the economy tanking gold prices rise

  • @JuanSanchez-tk4vr
    @JuanSanchez-tk4vr 3 месяца назад +1

    What about florida?

  • @Lukas-rw7ok
    @Lukas-rw7ok 2 месяца назад +9

    Never buy rentals in blue states

    • @10317
      @10317 Месяц назад

      Oregon is a blue state and I have done very well with my investments.

    • @Lukas-rw7ok
      @Lukas-rw7ok Месяц назад

      @@10317 of course there are exceptions , in blue states however if you had a squatter, it can be disastrous. This wouldn’t happen in a red state.

    • @10317
      @10317 Месяц назад

      @@Lukas-rw7ok agreed. We have a real homeless problem. Unbelievable!
      And because of the homeless camps scattered all over town I keep an eye on all of my rental units.

    • @Lukas-rw7ok
      @Lukas-rw7ok Месяц назад

      @@10317 that’s good 👏🏼. Let’s hope they stay away from them.

  • @michaeltighe29
    @michaeltighe29 4 месяца назад +6

    Hey Ken! Thanks for the insightful video. Despite negative net migration in California, you have San Diego on your top list. What is it you are seeing with San Diego?

    • @Tyiion
      @Tyiion 4 месяца назад +5

      Historically, SD is a great place to move to if you can afford it. Look at the businesses that flock to San Diego. Everyone loves San Diego. It is a smaller tech hub. But not as expensive as SF.

    • @michaeltighe29
      @michaeltighe29 4 месяца назад +1

      @@Tyiion Appreciate it! We love it here too and we are developing as much apartment housing as we can in 2024.

    • @farmerboy8659
      @farmerboy8659 2 месяца назад +1

      New arrivals have more children and will see spike in population . Mexico is taking Calif. one baby at a time . But Calif. will not join Mexico but become its own hybrid country . The Chinese may become a major factor , too .

    • @Tyiion
      @Tyiion 2 месяца назад +3

      @@farmerboy8659 I hate to break it to you but the U.S. does not become a different country whenever new people arrive. We didn’t become a new country when the Germans, or the Irish, or the Italians, or the Polish, or the Africans, or the Latinos, or the Asians arrived, but with each new wave, people raised a fuss for no reason.

    • @farmerboy8659
      @farmerboy8659 2 месяца назад +2

      Well , they claim so goes Calif. goes the rest of U. S. So lets compare Calif. in 1970 to the newer Calif. of today . I am not saying better but different . 20th century is somewhat different with Birth Control and Abortion . So over the last 200 years the U. S. was dominated by European Folks . I don't care too much for my days are number and have no grand children . It is sad in the direction the whole world is going . The Golden Rule I think help this country long ago . Good luck to the next generation . J. C. beam me up , for the world has gone crazy .@@Tyiion

  • @vadimtantsyura5231
    @vadimtantsyura5231 4 месяца назад +10

    What about illegal immigrants? They might be a big part of the equation... do you include those in your considerations? how to estimate "illigals"?

    • @blaken3824
      @blaken3824 2 месяца назад +4

      moved/moving in to a trailer park near you. 8-10 per trailer. not joking

    • @williamtiffee3799
      @williamtiffee3799 2 месяца назад

      I was looking for the "elephant in the space" comment! He completely overlooked the influx of (5- 10x as many) MILLIONS that just crossed the border... to replace the recently, "expired..." and "better paid" workers, x several million. (And you won't likely find, the relevant 'data,' even on the '2030, census?!') Perhaps half of those markets will be 'flatling' (like Phoenix...) within a few months? And then there's the anti- REI legalese, in California. The time to BUY is AFTER the present to forthcoming 20- 60% plus devaluations (for SFRs, etc.) unless you're a syndicator!

  • @ariana5819
    @ariana5819 4 месяца назад +2

    Interesting so no uhaul going out of Cali and everyone moving out of Florida!

  • @joelsandler1119
    @joelsandler1119 28 дней назад

    I'm leaving Florida for South Carolina. I'm moving to a place with great scenery and a big cost of living savings. It's win/win situation for me.

    • @joelsandler1119
      @joelsandler1119 28 дней назад

      @@MaryGwenDungan I love the Greenville, SC metro area. That will be where I retire soon.

  • @zhenshan456
    @zhenshan456 4 месяца назад

    organic stuff Ken

  • @josephjamison183
    @josephjamison183 2 месяца назад

    Its missing a huge growth market, tri cities WA. Housing Boom currently, 237 Annual Sunny days which is very complementary to the 150 days in Seattle. The climate is ideal and not too humid like the Southeast. Electricity is the cheapest of anywhere, huge high tech growth industries moving in, unlimited water from both the Columbia and snake rivers, yet we enjoy a dry climate

  • @asabrown1193
    @asabrown1193 4 месяца назад +3

    I wonder if migration from another country and people relocating to be with family members has a significant impact on the smile region. Also those regions proxcimics.

    • @zhinan888
      @zhinan888 4 месяца назад

      I think that's helping Boston

    • @TubeBoobforyou
      @TubeBoobforyou 4 месяца назад +1

      I see that more as a density issue not necessarily an influx of new buyers. Also, If we get the right POTUS in 2024 a lot of these people will be going home.

    • @shirleyy2711
      @shirleyy2711 4 месяца назад

      @@TubeBoobforyou Great...just when a trickle of people (~500K) left CA, they'll be returning again. No mass exodus as lots of RUclipsrs claimed to be happening.

    • @TubeBoobforyou
      @TubeBoobforyou 4 месяца назад

      @@shirleyy2711 I think it will be near impossible for any middle class family to live-in CA at the rate things are progressing radically left coupled with the cost of living...

    • @lyleburlingame2276
      @lyleburlingame2276 4 месяца назад

      Oh absolutely it does.

  • @aprilmcnally4316
    @aprilmcnally4316 Месяц назад

    Staying NY❤

  • @John-kc7wo
    @John-kc7wo 4 месяца назад +5

    I disagree about the phoenix area, what you do not take into consideration is the affordability rate. Phoenix is in big trouble and only a matter of time before the market crashes. Also living there in the summer months, you can't walk your dog without dog shoes, steering wheel melts if you leave your car in the sun, kids are stuck in doors. Once people get a taste of a HOT summer they tend to move! just saying I witnessed this first hand!

    • @ishantrao1795
      @ishantrao1795 4 месяца назад

      Brown skinned folks love Phoenix, only the causasions move out of PHX

    • @77Tadams
      @77Tadams 2 месяца назад +2

      Phoenix is growing in Tech and Warehouse hubs. The truth is people who are young and with families are moving here because of the jobs. There are also hospitals, clinics, and lifestyle villages that the elderly are utilizing. As much as I hate Phoenix, it is growing due to all these things. I want to move away from Phoenix area with a passion. I live on the outskirts of Phoenix on the West side. It is growing out and almost touching me now. It is a growing sprawl.

    • @loisaustin6200
      @loisaustin6200 2 месяца назад

      I have lived in quite a few different states and have always thought that Phoenix, AZ is the hottest place on this earth. Hated living there.

  • @user-sk8jx4rx7h
    @user-sk8jx4rx7h 3 месяца назад +5

    in 2024 Middle Class People can't afford houses anymore..!!!...THEY BUY TRAILERS..!!!!!!

    • @IndigoStarrAz
      @IndigoStarrAz 2 месяца назад +1

      Make sure you own the land

    • @loisaustin6200
      @loisaustin6200 2 месяца назад +1

      Even trailers are not all that "cheap" anymore. Finding an affordable place/park /piece of land to put that trailer ain't "cheap" anymore either.

  • @zhinan888
    @zhinan888 4 месяца назад +11

    Another factor that is in my consideration is climate change. Would Phoenix have enough water going forward? I love Arizona but water shortage is a very serious issue. Would there be more extreme weather in Florida and Texas? No one knows.

    • @TubeBoobforyou
      @TubeBoobforyou 4 месяца назад

      "Manmade Global Warming" is a complete fairy tale. Natural climate change has been happening for hundreds of millions of years. Water could be an issue simply due to supply/demand concerns but they can always pump it from somewhere else if need be for a premium...

    • @KingFergus
      @KingFergus 4 месяца назад

      Climate change? Arizona has been a desert for a few million years dude, the water shortage is caused by development not the climate

    • @wanderingdoc5075
      @wanderingdoc5075 4 месяца назад +4

      We've been hearing about water shortages and water running out in las vegas and phoenix since 1980. Still waiting..

    • @KingFergus
      @KingFergus 4 месяца назад +4

      @@wanderingdoc5075 they over populate a desert and wonder why the water supply isn't great...

    • @user-pu2ho4ip3d
      @user-pu2ho4ip3d 4 месяца назад +1

      There is no water shortage they want you to think that. This planet has always had climate change. That's nothing new. The only thing new is you and your phone and you're Lied to opinions.
      Don't believe everything you read. And only maybe half of what you see and hear. Age 66.

  • @gastUCR
    @gastUCR 4 месяца назад +5

    A few cat 5 hurricanes might change the the sunbelt migration wave.

    • @williamtiffee3799
      @williamtiffee3799 2 месяца назад +1

      Along with the 'timed' cancellations, of insurance, and tax increases, etc. ;-)

  • @Riggsnic_co
    @Riggsnic_co 4 месяца назад +6

    In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

    • @CraigChap_6898
      @CraigChap_6898 4 месяца назад +3

      I suggest you offset your real estate and get into stocks, A recession as bad as it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short-time buy and sell opportunities too. This is not financial advice but get buying, cash isn’t king at all at this time!

    • @maga_zineng7810
      @maga_zineng7810 4 месяца назад +2

      You are right! I’ve diversified my 350K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $730k in net profit across high dividend yield stocks, ETF and bonds.

    • @usieey
      @usieey 4 месяца назад +2

      I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?

    • @maga_zineng7810
      @maga_zineng7810 4 месяца назад +2

      When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

    • @usieey
      @usieey 4 месяца назад +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @jonrussell739
    @jonrussell739 4 месяца назад +7

    You shared your top 10 cities you're watching. None of them are in Florida. Why is that? Florida has been 1 or 2 in migration for a long time now.

    • @deepblue523fl
      @deepblue523fl 4 месяца назад +9

      IMO Very expensive compared to incomes. Insurance costs rising very rapidly. May affect prices. Florida was a lot cheaper even 2 years ago

    • @user-mz5rv6dh2y
      @user-mz5rv6dh2y 4 месяца назад +1

      Keeping Florida for MC companies

    • @user-mz5rv6dh2y
      @user-mz5rv6dh2y 4 месяца назад

      Or just the insurance...

    • @02nupe
      @02nupe 4 месяца назад

      @@deepblue523fl 🎯

    • @TubeBoobforyou
      @TubeBoobforyou 4 месяца назад

      @@deepblue523fl Depends where, in middle Florida insurance is cheap 1k/year. Home prices also in the 200s for some nice areas for a 3/2 SFR...

  • @cometcal2
    @cometcal2 2 месяца назад +4

    Move to a southern state if you love humid hot weather and mosquitoes.

    • @ChipEichelberger
      @ChipEichelberger 2 месяца назад +1

      We live in E TN, virtually no mosquitos and humidity nothing compared to GA, FL, MS etc.

    • @mef6660
      @mef6660 2 месяца назад

      Window screens and air conditioners have been available in Florida for decades,

  • @1.culturechanger
    @1.culturechanger 2 месяца назад

    Your Missing GA they are building homes here like crazy I think data is subjective?

  • @aboundrealtygroup2004
    @aboundrealtygroup2004 3 месяца назад +1

    Why is Florida not on your list?

    • @TheAllison3331
      @TheAllison3331 2 месяца назад +1

      Florida is facing a crisis right now. Florida has the highest homeowners insurance rates across the board. Retirees on fixed incomes can not afford a 50% increase on HOA /CONDO FEES. A lot of people will be selling, especially the ones who bought back in the 80s or 90s when condo fees were less than 100 bucks. Now fees have gone up, way up! How many people do you know can afford paying for what rent costs in some cities each month on a paid for condo or house. It ain't happening! Do the research. You will find out there is a huge looming issue.

  • @cuz_i_sedso9574
    @cuz_i_sedso9574 2 месяца назад +1

    Florida had 15m in 2000. Given rise in taxes and insurance. that growth will shift to TN and other states. TN will grow 50% in the next 10 years passing Mich and Ohio as those retirees and non-woke move south.

  • @miketracy9256
    @miketracy9256 4 месяца назад +8

    Higher income residents will also move from the high income, sales, and property tax Socialist states to lower or no income tax states.
    That means the Democrat-run states will need to increase taxes even more on the working residents in order
    to pay even more welfare to those who do not work.

  • @NightmareRex6
    @NightmareRex6 2 месяца назад +1

    its rediculas..... im considered "poor" but i guess im now "rich" just becuase own small amount of land and old house house thats peing danmaged and repaired SLOWLY...... guess housing IRL is partyhats of the real world.

  • @lapeyrerealty342
    @lapeyrerealty342 2 месяца назад +1

    Florida should be 1 choice everyone is coming here to live Miami Tampa Orlando

  • @rsasllc-houseflipping6917
    @rsasllc-houseflipping6917 4 месяца назад +3

    Stop telling people to invest in my area! Lol.

  • @earnthis1
    @earnthis1 3 месяца назад +2

    Jack up interest rates for big investors like this guy to 14 - 15% and drop them to 2 % for first time buyers on 1 home.

  • @user-pu2ho4ip3d
    @user-pu2ho4ip3d 4 месяца назад

    What is dollar sign $ 3 billion?
    Is that how you talk?

  • @mikehocking4836
    @mikehocking4836 2 месяца назад +2

    All the californians are moving to Idaho it's like the plague it's IdaFornia now my opinion😮

    • @lindaallen3716
      @lindaallen3716 2 месяца назад

      Texas is taking in so many Californians it is literally turning purple 😢

  • @geoffreyhigginson5290
    @geoffreyhigginson5290 4 месяца назад +3

    Try putting money into a company that provides services for people. Greasy taking homes from people and charging outrageous rental prices

  • @Joe-dw1dy
    @Joe-dw1dy 4 месяца назад +4

    Do you account for illegal immigration into your figures. These people do impact cities in towns one way or the other.

    • @jareds5249
      @jareds5249 4 месяца назад +1

      Illegals aren't going to answer census questionaires, so they're not going to be on these charts. But you can bet that Ken is estimating for them in many cities. They get jobs eventually and have to live somewhere. Therefore, landlords are needed and are very excited to take their stacks of $100 greenbacks.

  • @skylark391
    @skylark391 3 месяца назад +2

    California prices going to continue to rise, despite of everything I heard on RUclips!? Good to know.

    • @williamtiffee3799
      @williamtiffee3799 2 месяца назад

      LOL. Ya, right! This list, is amusing. (Hint: It's at about "2008- 9" on the 'predictable' graph, again... Re- read Crashproof 2.0, circa 2009. These feds and the FED to City of London, WB, IMF, ECB and BI$, etc. aren't very "creative..." They pull the SAME cyclically "rigged game" schemes, with a different scapegoat... every 7- 14 year cycle, the past several decades. (i.e. Expect a 20- 60% plus 'devaluation' in most of Cali, just like the last crime! Or worse? And in Phoenix, LV, etc. Same' ole, same!) I also don't think they looked at Reventure app, to the ALIEN invasion.... to landing, maps?!

  • @JamesG1126
    @JamesG1126 4 месяца назад +38

    Millions of Airbnb's coming back to market, forced Boomer estate sales, record unaffordable housing costs, job losses accelerating. It's bend over time in real estate.

    • @soundsnags2001
      @soundsnags2001 4 месяца назад +11

      Ha, keep dreaming for it.
      "I'm gonna buy so low. Those RE hogs are finally gonna get theirs!"

    • @AteamerHFF
      @AteamerHFF 4 месяца назад +3

      @@soundsnags2001Sounds like you got a lot to lose!!! LOL
      I agree James… Bend over SoundsSnag!!

    • @akfodysvn
      @akfodysvn 4 месяца назад +9

      Millions based on what? Have any facts to back that up?
      So many markets have been rising without issue. Just consistent gains. Too many people focus on the big outliers and not the majority of the market.
      Boomers are aging in place more with the costs of nursing homes being $5-10k a month. Also some days showing they aren't downsizing as anticipated.
      Job market is still strong.
      Can the market decline? Of course. Is there an obvious black swan in the room... Not even close. Recessions are caused by the things we don't predict or anticipate. It could happen but it won't be the pimped narrative mainstream media has been feeding you if it does

    • @Ultrajamz
      @Ultrajamz 4 месяца назад +1

      And new construction coming back after recovering from covid / lumber issues

    • @Ultrajamz
      @Ultrajamz 4 месяца назад

      @@soundsnags2001rent at a low relative to buying, easy to wait.

  • @craigslistrro709
    @craigslistrro709 2 месяца назад +2

    The open southern border and the millions here dont even register on his radar...

  • @weewee9464
    @weewee9464 4 месяца назад +4

    So no crash?

    • @akfodysvn
      @akfodysvn 4 месяца назад

      What would be that cause

    • @weewee9464
      @weewee9464 4 месяца назад

      @@akfodysvn right

  • @stevenap4594
    @stevenap4594 4 месяца назад +4

    I can guarantee with certainty if you invest into any of these markets in 2024 you will lose money.

  • @anniegeturgun3564
    @anniegeturgun3564 2 месяца назад +2

    People are definitely moving by POLITICAL PARTY- Gerrymandering States!

  • @lorinlafoe3930
    @lorinlafoe3930 2 месяца назад +1

    Was there content here? Or just a bunch of adds?

    • @williamtiffee3799
      @williamtiffee3799 2 месяца назад

      Debatable? Not enough data here, and those "Top 10" are a "no go..." in the foreseeable future, for most types of REI. (Particularly since the "bigger than 2007- 14 market correction- wealth transfer..." is just getting started!) That said, half of those soon to be and already 'flat- lining' markets, are "on my radar for creative terms," ONLY solutions! (i.e. No banks, no NAR, no: "guaranteeing debt!" I'm DONE... with clearly bank/ gov. rigged, b.s. That bubble 're- inflation' gameplay was 'redundant,' by 2008... Hell, more like 1990- '91, or 1980!! It's was succinctly 'outlined' and summarized in Crashproof 1 and 2.0, before the last crash... And 'inflation' was baked into the cake, LONG... before! (i.e. Since 1913, in particular. But this goes all the way back to every 'staged' war, depression, etc. they've intentionally, induced...)

  • @AbramsGunner
    @AbramsGunner 3 месяца назад +2

    Alabama is full, stay home.

  • @eprofessio
    @eprofessio 24 дня назад

    I understand the water mark. Come on man.

  • @Mark-nx7mr
    @Mark-nx7mr 2 месяца назад +1

    Why don't you buy and quit playing on youtube if it's so easy?

  • @kfergus3662
    @kfergus3662 Месяц назад

    Wv has lost a lot of people because of taxes and so many fees

  • @grownupgaming
    @grownupgaming 4 месяца назад +1

    why is san diego in the top ten? not saying it shouldnt be, just wondering why.

    • @commonabond
      @commonabond 4 месяца назад +1

      It's next to the border

  • @Amite-zg2ob
    @Amite-zg2ob Месяц назад +1

    Why don't u just come out and say it. White Flight / Integration has been the driving fact of development and construction since the 70s.
    And the cherry on top is good public schools and a feeling of safety and community.
    Then come status chit

  • @Stonemtlu
    @Stonemtlu 4 месяца назад

    Why Houston is not in the Top 10?

  • @akfodysvn
    @akfodysvn 4 месяца назад +1

    The opening eight reasons are exactly why real estate can't get any cheaper to build new homes. Century homes are extremely outdated and becoming unsafe due to their construction practices

  • @jeanmachine9943
    @jeanmachine9943 2 месяца назад

    Thats crazy to see the numeric growth in Colorado. That growth is immigrants.

  • @zhinan888
    @zhinan888 4 месяца назад +1

    Why Boston? I agree but I am very curious. My reasoning: Boston is really really bad in terms of cost and regulations and "good old boys" network. One thing that help Boston is the intellectual capital: biotechnology, medicine, and education. Globalization is helping Boston.

    • @copiouscat
      @copiouscat 4 месяца назад +1

      Yeah I said the same thing when my mother that’s a Nurse moved to Boston and bought a home out here and Boston has a Robust health network and overall a solid place, biggest set back tbh is just the winter weather sadly. My mother raised me in Florida and I refuse to trade in that sun belt 😂

    • @zhinan888
      @zhinan888 4 месяца назад +1

      @@copiouscat I spent a few years at Phoenix Arizona. And I agree with you.

    • @jimchou1637
      @jimchou1637 Месяц назад

      Very hard to evict people in Boston

  • @soullessdevice
    @soullessdevice 4 месяца назад +1

    California is declining because the policy is that terrible. I have many in laws that wish they could leave.

  • @achag9273
    @achag9273 4 месяца назад +2

    Another aspect follow free money. Where bail checks go?😂😂😂

  • @paulbrungardt9823
    @paulbrungardt9823 Месяц назад +1

    An interesting dynamic in Utah-- People move in and move back out within 5 years. Non Mormons find the native Utah population to be backbiting and not what they present themselves to be. You have been warned.

    • @10317
      @10317 Месяц назад +1

      Oh that’s funny.
      I was born and raised in Utah. And if you’re not mormon you are not accepted.
      I totally agree with you.

  • @c.m.303
    @c.m.303 2 месяца назад +1

    I love all your data!!! I particularly like your charts. It's interesting to see that over a million people died during covid, I haven't seen the totals before...and then another smaller spike when the v rolled out. Also the deaths stayed higher than usual even after covid was no longer an issue. So sad. Anyway, just something I noticed...back to the video to find the best markets. Thanks again.
    By the way, that chart is titled population growth = natural + immigration, but it is showing births (still below average) and deaths (still above average). I am curious where the millions of illegals are in these numbers.

  • @janegrey9
    @janegrey9 3 месяца назад +1

    Seattle is expensive and crime

  • @gen.barnakey__
    @gen.barnakey__ 2 месяца назад +3

    How about the several million illegals, where did they go?

    • @loisaustin6200
      @loisaustin6200 2 месяца назад +1

      They went here, there, and everywhere.

  • @wreckim
    @wreckim 3 месяца назад +2

    I liked many of Ken's presentations over the years, as I occasionally came across one of his videos. Then I saw him with that fraud, RichDadPoorDad...crapper of an 'investor' and real estate guru, whatever...full of complete and utter BS. I don't know what to make of Ken now; and sure he doesn't care either.

  • @daveandpaige6471
    @daveandpaige6471 2 месяца назад +3

    You forgot 11 million illegals.

    • @rem1762
      @rem1762 2 месяца назад +1

      11 million illegals? Where'd you come up with that number?
      Maybe only in Los Angeles.
      I'd guess over 100 million.