I am considering running for Congress and I will draft legislation severely penalizing large corporations owning many residential houses e.g. BlackRock. The practice should be outlawed.
I giggled throughout this whole video. 😂It was entertaining while being very informative. 🙌🏻 I too am in the predicament of not being able to upsize after having 2 kids, because prices in the Las Vegas area are insane. We definitely feel we missed our window. 😟😣 The only good news is we own our home and could profit huge, whenever it’s the right time to sell.
You said at the beginning, pay attention, and I did. My head is exploding. 🤯 IF this is true, and I won't spend the time to dig deeper with future videos, It's pretty dammed depressing. With that said, kudos to you on your props, and the storytelling. That was amazing.
Great video, lots of work went in. But I’m left depressed. How do we even try to buy again. Dreading the new job may open up but we will be priced out of the home market… where ever that may be. Our home in Phoenix we bout for 183k in 2011 is valued now at 750k. Sure we will make money with 50 offers on our home the day we put it on the market here in Washington, but then what? Live in a hotel? Or an Rv?
You can always move to a different area. Get the same home for 30% - 40% less less and bank the rest. This kind of boom and bust has always happened in the USA. Many cities were thriving and grew in price and population only to eventually crash and turn to trash as economies change. There's still lots of places where housing is much cheaper than Phoenix. Raleigh NC is where I live and people are moving from all those expensive places to here over the last decade. but now the same is happening with home prices here as well, but they are still cheap enough to be much much lower than the places people are coming from.
@@caribbeanbound8357 sadly we have to go where the job is. And that isn’t always a lower housing market cost. I’m just trusting in God and being ready to sell it all and downsize to a tiny home if we have to. Sigghhh
@@michelleslifeonrepeat Totally understand. My type of work doesn't exist everywhere either. I recently had to move from Michigan to Raleigh NC. It is quite a bit more expensive in Raleigh for what you get. but if I had to, I could luckily find work in other cheaper areas. The thing many people fail to calculate is that sometimes its more advantageous to make less money in a cheaper housing market than to make more in an expensive one. obviously theres more to it than that. Quality of life, and what not. Either way, best wishes
Michelle, maybe consider keeping your Washington house as a rental for retirement and go with something more modest in your new location? You could pull some equity out of your current house before moving for the down payment, but leave enough for the rent to comfortably cover all the carrying costs. If you have a low-interest loan, you're paying it off in cheaper, inflated dollars which is a net win for you if inflation continues.
I always knew that the RE market started goung crazy when Wall Street & other investors starting buying properties wholesale killing the American Dream.
Thank Bill Clinton. The worst President in the history of the country. Between eliminating Glass Stegall (which unleashed the banks on the economy) he created NAFTA which gutted America's manufacturing base. Plus he undermined morality with his sexual escapades with Lewinsky and then wouldn't man up and admit it when caught. A real first time scum bag. He was less of a man than his scummy brother and lying crooked wife. Did I miss anything else?
Does this make sense? Am I missing anything? More about the housing market: ruclips.net/video/uh8vEpdBeew/видео.html
I am considering running for Congress and I will draft legislation severely penalizing large corporations owning many residential houses e.g. BlackRock. The practice should be outlawed.
I giggled throughout this whole video. 😂It was entertaining while being very informative. 🙌🏻
I too am in the predicament of not being able to upsize after having 2 kids, because prices in the Las Vegas area are insane. We definitely feel we missed our window. 😟😣 The only good news is we own our home and could profit huge, whenever it’s the right time to sell.
Never sell that house! Even when you do get to the point of upsizing, keep it as a rental... :)
Great Video!!! Thank you
You said at the beginning, pay attention, and I did. My head is exploding. 🤯 IF this is true, and I won't spend the time to dig deeper with future videos, It's pretty dammed depressing. With that said, kudos to you on your props, and the storytelling. That was amazing.
Good for you for making it through! Probably better to own more real things versus heaps of dollars at this point.
Great informative video! WEF Great Reset/Digital dollar implementation right around the corner.Not good!
I preffer houses in Puerto Rico
Great video, lots of work went in. But I’m left depressed. How do we even try to buy again. Dreading the new job may open up but we will be priced out of the home market… where ever that may be. Our home in Phoenix we bout for 183k in 2011 is valued now at 750k. Sure we will make money with 50 offers on our home the day we put it on the market here in Washington, but then what? Live in a hotel? Or an Rv?
You can always move to a different area. Get the same home for 30% - 40% less less and bank the rest. This kind of boom and bust has always happened in the USA. Many cities were thriving and grew in price and population only to eventually crash and turn to trash as economies change. There's still lots of places where housing is much cheaper than Phoenix. Raleigh NC is where I live and people are moving from all those expensive places to here over the last decade. but now the same is happening with home prices here as well, but they are still cheap enough to be much much lower than the places people are coming from.
@@caribbeanbound8357 sadly we have to go where the job is. And that isn’t always a lower housing market cost. I’m just trusting in God and being ready to sell it all and downsize to a tiny home if we have to. Sigghhh
@@michelleslifeonrepeat Totally understand. My type of work doesn't exist everywhere either. I recently had to move from Michigan to Raleigh NC. It is quite a bit more expensive in Raleigh for what you get. but if I had to, I could luckily find work in other cheaper areas. The thing many people fail to calculate is that sometimes its more advantageous to make less money in a cheaper housing market than to make more in an expensive one. obviously theres more to it than that. Quality of life, and what not. Either way, best wishes
Michelle, maybe consider keeping your Washington house as a rental for retirement and go with something more modest in your new location? You could pull some equity out of your current house before moving for the down payment, but leave enough for the rent to comfortably cover all the carrying costs. If you have a low-interest loan, you're paying it off in cheaper, inflated dollars which is a net win for you if inflation continues.
Hence, the "New Deal."
I always knew that the RE market started goung crazy when Wall Street & other investors starting buying properties wholesale killing the American Dream.
Thank Bill Clinton. The worst President in the history of the country. Between eliminating Glass Stegall (which unleashed the banks on the economy) he created NAFTA which gutted America's manufacturing base. Plus he undermined morality with his sexual escapades with Lewinsky and then wouldn't man up and admit it when caught. A real first time scum bag. He was less of a man than his scummy brother and lying crooked wife. Did I miss anything else?
Nice video. Question, why was there greater stability under Trump and greater instability under Biden?
Good question!
@@dorkladytravels what would you guess peeps user?
World leadership doesn't seem to respect Biden like they did Trump.