It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.

I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

I bought a house with cash in 2021. The insurance and property taxes have doubled since then, and now costs more than I ever paid in rent in my life. I feel that I would be better off living in a studio apartment in a warehouse again and investing the money in anything else.

I suggest you offset your real estate and get into stocks, A recession as bad 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 advise but get buying, cash isn't king at all in this time!

@@Greghilton3 You are right! I've diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently.

I'd recommend Vivian Carol Gioia. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial market

They also raise the property tax so you’d be adding on more property tax too

Buy a duplex live in one and rent the other one

Rent in rent controlled areas of your concern is unreasonable increases in rent. The state has rent control and many cities have stricter rent controls on older buildings. Good luck.

@@oscarcaballero9014cap rates aren’t there for most desirable buildings.

I have a very nice custom built home in Central valley has an Attic space that needs to be finished out. I designed it so it can be either a one bedroom or studio apartment. You can live downstairs finish the upstairs and then Rent it out helps cover your mortgage. It has a separate entrance gate some both sides of the house. has a big yard and swimming pool.... This is a good home if you want to offset your mortgage .... Can also be multi-family use if you have a large family. Double lot You can also fit a large ADU outback I have a double Lot.

I would love to convert a van in to a livable space or those box trucks

Move to a cheaper place

Gavin Newsom has completely DESTROYED California

I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.

Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

My consultant is‘’Christine Jane Mcleans’’ I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

California gotta pay all those pensions

Insane

Lol. Northern California Permit Pricing. SoCal is about a third of that number. This particular builder putting up 2700 to 3500 sq. Ft. Homes. Not exactly for the majority of buyers.

@@stevelopez372 The large higher-end homes are the only ones with the profit margins to absorb the permit and impact fees. We have literally created a fee structure that prevents entry-level market-rate homes from being viable. And in some parts of Northern California, we raise millions of dollars every year through regressive sales taxes to buy development rights from wealthy landowners so that housing will never be built on their land and that drives up the price of other building sites.

Where in the video did they say that

Cool story, girl

When do you think the next time to buy is?

In other countries or in older parts of cities there’s always small apartments above businesses or restaurants. Almost like how storages have the caretakers apartment on site. That should be done here.

The real issue is trashy people not taking care of apartments and their communities. Then the karens think that only single family homes = safe neighborhoods.

stop blaming NIMBY's. Zoning laws and setback requirements are primarily the problem. There is nothing wrong with NIMBY's not wanting a high rise apartment/condo tower in their neighborhood so some conglomerate developer can cash in. Incremental development at the local level is stifled by government regulations. The traditional pattern of incremental development has been outlawed. That is the primary problem.

*Pyramid Scheme

No bonehead, that's not how economics work. It's the government that's the problem. Too much regulation on home builders. If they just let builders build we would not have a supply problem. Take a basic economics class before you make any more ignorant comments like that

Even if you live in the outskirts, the cost to build a house is expensive no ?

@@yvette11111 That's actually one huddle that we're going through.

@@oessobro you can’t get around it😂 just find legal ways to make more money this country has so many opportunities.

The wealthy didn’t create any jobs with their tax cut windfalls. They’re buying up homes and making it more expensive for everybody else to live.

Prices need to come down if you’re paying cash.

@@gabrielmckee9351 If I was a cash buyer, I wouldn’t be paying asking. I would be making a lower offer. Still, I think it’s too soon to pull the trigger to buy. Prices need to come down 50-60% first!

Nah. Nothing better than a well engineered Bridge, lol.

Van down by the river lol

Yes they do. Someone will move into that new house you can't afford and then you can rent the house they move out of. It's not that complicated.

This investigation report misses the points as to why the US has affordable housing crises and suggested solutions are not the solutions the US should be focusing on. The US should be focusing higher density, more mixed use, reducing or limiting single family housing zoning.

Why of course, if Rats can do it , why not Stack,Pack and Rack people just like Rats. Lol.

kzfaq.info/get/bejne/pL1godaWxq-bYHk.htmlsi=MAQwkswC06dV3hCf

I wouldn’t rely too heavily on a news station that is utilized as propaganda for pharmaceutical and military purposes. It’s a nice dabble into the scene of ca housing, but not the word of the real estate gods.

That's a big part of the problem. Zoning restrictions, that have been in place since the 1950's, are not practical today.

People seeking rentals create demand not landlords. SMFH

Selfish NIMBYs limit supply and drive up costs for newcomers. That locks house hunters into the rental market and out of home ownership. The investors add inventory and the NIMBYs restrict it. We all pay for the housing not built.

@@mwatercress multi family properties don’t exactly need to bombard into single family neighborhoods.

​@@jrebytes6669 "investors" buying up housing, outbidding families for the same properties forces some people into rentals. In the SFH, it's the equivalent of ticket scalpers. They buy up resources before you can and then "sell/ rent" it back to you at a higher price.

@@jessem4659 funny how these investors only own 300k SFH together. That's like 1/100th of a percent. Granted they do buy houses in profitable areas which makes sense. Why not blame the people selling the houses to the highest bid? Greedy home owners right? Fact is, if you are selling something, you'll naturally want to get the most out of it you can. That's just how things work in the real world.

It’s not that. Small business shut down because too many smash and grabs. They couldn’t afford the loss. The broken laws here.

Atleast you guys have one of the lower property taxes in the country. Here in Texas the property taxes are out of control

Yet you're fine with a sanctuary state welcoming millions more people who NEED CARS AND HOUSING 😂😂😂

I hear you... born in Calif in '49 when it was sparse, gorgeous, reasonably priced, manageable traffic... we lived oceanfront in Pacific Beach on my dad's salary as a shoe salesman! Those days are long gone.

@@yourlogicalnightmare1014 You don't know what a "sanctuary state" means. Look it up. Use google. Also - look up the root cause of refugees at our borders... hint... US regime change, theft and Imperialism. We make life so difficult for them they show up at our borders or Europe's borders desperate to survive.

Close the border! Make those smash and grabs pay! We got broken laws to fix!!!!

Poor wildlife are being displaced. Building not just any homes but McMansion. Instead of build more affordable condos and apartments that are way more sustainable. I left Folsom because of the development, freeway access and traffic pollution. Air quality was already horrendous in Folsom. Barely any trees and shades. Am glad to have relocated to Finland, where there are 4 seasons, affordable housing, trees, natures, forests, lakes everywhere! They aren’t building mansion sized house but energy efficient homes. Zero homeless because housing is just within everyone’s reach, whether you wanna rent or own, and dint get me started with tax, my income tax was way higher in California. Here my property tax is $5 a month for a 135k property. Free heating, internet is 2x faster and it’s only $12 a month, free dental and health care, sure I pay $12-22 admin fee with an out of pocket of $800 a year.

Corporate owned single family homes are 1/1000 of a PERCENT of all available SFH. You don't get to blame them for your shortcoming but we can tell what kind of kool aid you drink.

You're trying to scapegoat China for a problem created by American NIMBYs.

@@jrebytes6669 That is total BS! You can’t lie your way out of the facts! Sorry if the truth shines a light on your investments that will take a dive and destroy your portfolio.

There is literally no one ever that didn't try to increase the value of their home. It's the poors that don't own their own socks that are doing all the crying.

@@jrebytes6669 Yes, most do try to increase the value of their home, some do it by improving their home and others do it by preventing newcomers from having a chance of living in a new home near theirs.

yeah baby!

I had squatters living next to me that were involved in organized crime. It was a nightmare and it took the neighborhood over a year to get rid of them.

Make a laws that can put squatter face in billboards across United States so they can’t go for their next victim.

In our area, they built the carp near hobby lobby, bye baby, ulta, fitness. No supermarket, walmart, gas stations.

In our area, they built the carp near hobby lobby, bye baby, ulta, fitness. No supermarket, walmart, gas stations.

@@juneyshu6197 Yeah that's my concern, that they are still implementing poor city planning. It would be nice to include closer commercial spaces that are a necessity next to the new houses. Car congestion is annoying.

AI is an issue for thousands of different jobs.

AI isn't going to take over as fast as the news is suggesting. It's going to take time. For example, take a look at Tesla's FSD. It's taking for freaking ever to release.

And the 40 is not even true.

That’s Funny and we still have so much empty land. Of course I’m not drawn to the Big City Life. Lol.

More foreign investors are now owning California. They have the cash and killing the RE market for the average Americans.

Too many illegals

​@@crimsonx75yeah I agree European baby anchor 😂

They went by skin color .. so they got taken

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

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.

The wealthy didn’t create any jobs with their tax cut windfalls. They’re buying up homes and making it more expensive for everybody else to live. Increase taxes on the wealthy.

Bring on the 18-20% mortgage rates with homes prices at 50-50% off.

Agreed! Need to raise interest rates to the moon.

You want a medal 😅

Idiots are doing cash out refinancing, in order to pay off other debt. It’s not smart at all, because they’re now at a greater risk of losing their homes. Makes no sense

'I suggest owners that want to move should hold their existing property , and rent it out ...' Where are they going to live?

As long as you have a management company or management, lest the place get destroyed.

🤡. I just checked and see tons of price reductions. Prices are starting to come down everywhere- even in silicon valley

@@fgjf1079 what! I have been looking for 8 months and making offers every week… get your clown face out of here! Because you saw some statistic overall prices are up and I keep getting beat by cash offers

@@fgjf1079 houses that used to sell for 2 million are now going for 1.8… but everything in the lower end is up and people are fighting for anything under 800k

The problem is not everyone makes $150k now. In general, homes were selling for 2-3x salaries in the 80’s. Now it’s roughly 8x salaries. So it’s all about the ratio of income to home prices. It’s the least affordable time now than it’s ever been.

Absolutely. Restrict anyone from owning more than 2 homes. Hedge funds are owning 70% of supply

There’s no shortage of homes- there’s a shortage of AFFORDABLE homes. There are plenty of homes that are listed, however prices are too high. When rates go up, prices should go down, however sellers are set on trying to get the same amount their homes were supposedly worth when rates were 2-3%. Once mass layoffs come, home prices will drop hard. It just takes a few desperate sellers to bring values down for the whole neighborhood/city.

The #1 problem is NIMBYs mandating single family homes and restricting housing density. Infrastructure can be addressed. California's water shortage is the result of agriculture growing unsustainable crops. Water equates to profits and there will never been enough profits to satisfy shareholders.

The government will never tolerate less income

This is why I don't understand how people can vote for a party that always promotes increases in taxes.

@@jeffg4096the problem is always gonna be a capitalist system, you can vote either way and it won’t change. It’s about a free market

@@jeffg4096: people in REPUBLICAN Florida and Texas are squealing about property taxes, too.

Property taxes are one spot where California isn’t heavily taxed compared to most U.S. states. So if one opts to buy a home in California that’s so expensive that the property taxes are $1,000 a month, that means they’re loaded. In California a $1,000 per month property tax home is going to be for an home over $1,666,666 if recently purchased or probably over $3,000,000 if it’s more than a few years old. If the home is more than 20 years old and the property taxes are over $1,000 a month in California, it’s probably worth over $7 millions dollars today. I have trouble feeling sorry for that person paying $1,000 a month for property taxes given the kind of money they must have. In a state like Texas someone can pay that same $1,000 per month for property taxes on a home that’s $750,000. And if the home doubles in value over 5 or 10 years, so do the property taxes in Texas. That’s not the case in California where the property taxes at most increase 2% a year, even if a home’s value increases by 25% or more on a given year.

Wait until you here about the crazy regulations that stop houses and apartments from being built