Kevin O’Leary: This is the ‘biggest problem’ facing the housing market
Рет қаралды 70,972
9 күн бұрын‘Shark Tank’ investor Kevin O’Leary joins ‘Your World’ to discuss the costly American dream as existing homes’ median price reaches a record high. #foxnews
Subscribe to Fox News! bit.ly/2vBUvAS
Watch more Fox News Video: video.foxnews.com
Watch Fox News Channel Live: www.foxnewsgo.com/
FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.
Watch full episodes of your favorite shows
The Five: www.foxnews.com/video/shows/t...
Special Report with Bret Baier: www.foxnews.com/video/shows/s...
Jesse Watters Primetime: www.foxnews.com/video/shows/j...
Hannity: www.foxnews.com/video/shows/h...
The Ingraham Angle: www.foxnews.com/video/shows/i...
Gutfeld!: www.foxnews.com/video/shows/g...
Fox News @ Night: www.foxnews.com/video/shows/f...
Follow Fox News on Facebook: / foxnews
Follow Fox News on Twitter: / foxnews
Follow Fox News on Instagram: / foxnews
@karenlorentzen7509 7 күн бұрын
DC NEEDS TO STOP REINFORCING ILLEGAL IMMIGRATION. AND TAKE CARE OF AMERICANS!!
@repentjesusiscomingsoon1529 7 күн бұрын
Amen, speak it!!!!!!!
@robertsantiago953 7 күн бұрын
Wrong forum Karen 😂
@TrumpCantRead 7 күн бұрын
What “reinforcing”? And “take care of Americans” is socialism
@edwardrook8146 7 күн бұрын
Not relevant
@chetpomeroy1399 7 күн бұрын
Wrong thread. _Non sequitur._
@arminfejzulai1321 7 күн бұрын
Kevin cut the bs. What would the housing inventory look like if corporations weren't allowed to buy single family homes the last 4 years? That's the biggest issue.
@snerffy 7 күн бұрын
nobody will cut the b.s. but i wish they would. everyone overlooks how the economy was shut down in 2020 and all of a sudden out of nowhere, home prices skyrocket. got a little fundraising going on at the expense of the US citizen, eh US govt?
@TrumpCantRead 7 күн бұрын
@@snerffy “home prices” are determined by free market.
@snerffy 7 күн бұрын
@@TrumpCantRead all your comment means is “if you don’t like it, don’t buy it.” i get that. someone out there is creating circumstances that are dashing opportunities for normal Americans. it’s not lost on me that you’re okay with that, given your antagonistic comments here. go spend time with people who care about you. none of those people are here in this thread, and you spent an inordinate amount of time here for some reason.
@TrumpCantRead 6 күн бұрын
@@snerffy “All” is an absolute term, so your claim is false. And this claim : “someone out there is creating circumstances that are dashing opportunities for normal Americans” is unsubstantiated and vague. What is a “normal American”? Please be specific.
@toeachitsown2050 4 күн бұрын
100% all the Government has to do is stop making housing a "depreciating" asset (obviously it is not REALLY depreciating) and investors would be selling off homes like hot cakes. Yet, we never EVER hear any politicians from either side address these things. Probably because they are doing to too.
@AlexClarkcompany 6 күн бұрын
This year's challenges will undoubtedly be more difficult. Looking back, I realized that I was so focused with my portfolio that I made disastrous financial decisions for the entire preceding year. I had to pick between increasing my investments and purchasing a house. After choosing to sell my investments, I discovered that the property I had purchased required more maintenance than I had anticipated. Trying to find out how much longer I can take this is becoming increasingly difficult.
@JackWalsh-d7h 6 күн бұрын
Take things easy, we've all made mistakes.
@AdamWright8fool 6 күн бұрын
Invest in companies that provide current cash flows to diversify your portfolio. I hired a planner at the end of 2022 to enhance my portfolio, and in the last ten months, I've made profits in over fifty thousand different marketplaces. Should 2023 teach us anything, it's that luck doesn't last forever. Even in times of abundance, we should put in more effort to prepare for the worst-case scenario
@AlexClarkcompany 6 күн бұрын
Can you recommend your advisor? I could really use some assistance
@AdamWright8fool 6 күн бұрын
Leah Foster Alderman. You'll undoubtedly find out more if you look her up online.
@AlexClarkcompany 6 күн бұрын
I appreciate the lead. I did some research on her and emailed her. I'm hoping she responds to me eventually.
@topdogkk 7 күн бұрын
Feeling a lot like 2008
@TrumpCantRead 7 күн бұрын
Lock her up?
@topdogkk 7 күн бұрын
@@TrumpCantRead Obama is a girl? News to me 🤣😂🤣😂
@brianoleson9224 7 күн бұрын
got some 1920s in there with 2008 this time around , pandemic m2 falling fed raising rates into recession political landscape is also very early 20th century
@ColoradoLokationRealestate 7 күн бұрын
There're too many people currently holding homes with 2-4% interest rates, back in 08' it was mass foreclosures, housing surplus and relaxed lending options. It's the opposite for all 3 of those things in the current market.
@livingmybestlife365 6 күн бұрын
This is nothing like 2008.
@eugenefirebird8938 7 күн бұрын
House prices are 2x real historical value and 3x in the super bubble areas of the USA. Rents are 2x real value everywhere. Blame the Fed and the government for all of it.
@TrumpCantRead 7 күн бұрын
No such thing as “real historic value”, or “real value”. And “everywhere” is an absolute term.
@brianoleson9224 7 күн бұрын
every bubble going back the the 1800s has popped and there has been 4 housing crashes since 1837
@trikstari7687 7 күн бұрын
The biggest problem facing home owners is property tax. It's nothing more than a way to ensure families do not accrue wealth over time.
@TrumpCantRead 7 күн бұрын
Speak for yourself thanks
@kcor4 6 күн бұрын
People can't even afford a house. Property tax is a secondary concern to someone who can't afford the sticker price. What you just said is nonsensical and stupid.
@kyshac81 4 күн бұрын
You are right.
@kellyw8017 4 күн бұрын
That's why it's smart to move to states that have low property taxes and low to no state taxes.
@TrumpCantRead 4 күн бұрын
@@kellyw8017 what are some examples? It’s usually one or the other, like California, Texas and Florida
@SpringScapes 7 күн бұрын
Outlaw corporations, foreign countries, and illegal aliens from buying property or land.
@chetpomeroy1399 7 күн бұрын
The way things are now, private corporate equity firms are likely pulling excess supply off of the market to artificially inflate rents.
@robertsantiago953 7 күн бұрын
How do an illegal alien get a mortgage loan without credit history , nice steady job and no social security number ? 🤔
@TrumpCantRead 7 күн бұрын
How? It’s unconstitutional
@TrumpCantRead 7 күн бұрын
@@chetpomeroy1399 let’s see your data, and the math to back your claim
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead Actually, this depends upon how federal courts interpret the law, including provisions of the Constitution.
@leoaz4667 7 күн бұрын
Nobody cares about us. I'm retired living on $1543.00 monthly on social security. My rent with utilities and rent tax for my July payment is $1493.00. I can't find a job. Been selling everything I own to buy food. Sleeping on a couch now. Our politicians don't care 😢
@joesmith4443 7 күн бұрын
Kevin O’Leary: None of The Sharks including myself would go into -business- bankruptcy with a Convicted Felon Trump
@eugenefirebird8938 7 күн бұрын
@@joesmith4443 Fake NYC trial will be overturned soon.
@proudcalifornian9914 7 күн бұрын
Why are you retired and looking for a job? Sounds like you’re just unemployed. Typical MAGAcult dmfx comment
@keithbusick6859 7 күн бұрын
I'm retired 67 years young and I feel the same way and I feel your pain !
@eugenefirebird8938 7 күн бұрын
@@joesmith4443 YT blocked my true comment. Pure evil
@reefratsclark5404 7 күн бұрын
I was a home builder for 20yrs The regulations shut me down NoT worth the extra hoops
@ceterisparibus51 7 күн бұрын
"The regulations shut me down" _Translation:_ "I couldn't compete in the free market"
@davidwilliams4498 7 күн бұрын
Many builders don't want to build a small 900 ft home. They can't make any money off of it. Neither can a real estate agent. Sad reality is many low income can't afford more then a small apartment an I believe it's a crime anywhere for rent to be anywhere near 1k a month for a little apartment or a mortgage on a tiny home. My ❤️ to the poor. Greed in America is killing them.
@flynnstone3580 7 күн бұрын
Same here, ever since what the banks did in 2008 when everyone's house had a for sale sign out front and all construction stopped it hasn't been the same. Still don't see many homes being built, and especially the big towns we used to build in San Diego throughout the 70s. Permits are too high as well.
@flynnstone3580 7 күн бұрын
@@davidwilliams4498I bought 5 acres in the foothills an hour from Yosemite, and built my own tiny home, I'm an outdoors person by nature so that's all I need.
@mattt5006 7 күн бұрын
@@ceterisparibus51said the squatter.
@jaysonj9327 7 күн бұрын
It's too bad O'Leary didn't think about disclosing all of the big problems at FTX.
@gregory4154 7 күн бұрын
Even these stats are so misleading. Eggs cost 2.99 USD for a dozen in my area about a year or so ago. They are now 3.99 USD. That's a 33% increase. Not the 3% they make it seem.
@TrumpCantRead 6 күн бұрын
It’s not about “your area” or your unsubstantiated claims
@gregory4154 6 күн бұрын
@@TrumpCantRead Odd. As I said, the stats are misleading. Because the stats are aggregate, and no such aggregate exists in half of the state I live in. But isn't that's why these stats are brought out and showcased as "facts?"
@TrumpCantRead 6 күн бұрын
@@gregory4154 Dunno what “stats” are “THE stats” but inflation is calculated by the Federal Government based on the “cost of living” which is determined by a continuous nationwide survey of market prices of specific items, all of which is available on the Federal Government websites AND in the reoccurring regular press releases. Your random price check is meaningless
@philipclift7205 4 сағат бұрын
@@TrumpCantReadthe federal government can't do mathematics. Check the deficit. 😂
@lukemn29 7 күн бұрын
There's only one fix for the housing market: Trump 2024 🇺🇲
@bully3808 7 күн бұрын
I agree. One of American's most famous slumlords could fix the housing market the same way he fixed his properties ... by declaring bankruptcy over and over. Great point!
@l.r.7505 7 күн бұрын
Commie NPC ALERT 👉@@bully3808
@NICKPORTER8855 7 күн бұрын
Trump lied about the square footage on his own apartment😂😂😂😂😂
@NICKPORTER8855 7 күн бұрын
Trump could just triple the square footage of everyone's property and we all get rich
@mrb36b 7 күн бұрын
I'm retired and just bought a house on the beach in San Diego. So, what's the problem? Go Bidenomics GO!!!!
@robbelliii 5 күн бұрын
Inventory is the problem. Government needs to incentivize small business to build. Large builders are only interested in $800K plus homes.
@thukytruong767 7 күн бұрын
Biden is still in WH we will have a lot of problems. Vote for Trump 2024
@TrumpCantRead 7 күн бұрын
Name 10
@vishnu2699 7 күн бұрын
Trump would likely force FEDs to lower interest rates wouldn't that make real estate go up?
@TrumpCantRead 7 күн бұрын
@@vishnu2699 POTUS can’t “force the Fed” to do anything.
@Catdaddy947 7 күн бұрын
Vote Trump, to throw out Bidenomics, and reinstate MAGANOMICS!
@lmax0001 7 күн бұрын
They are way overpriced.
@chetpomeroy1399 7 күн бұрын
I think this is mostly because corporate hedge funds have bought up massive amounts of vacant properties and held them off of the market to artificially prop up prices. Some of this problem also has to do with rather stringent zoning regulations in some jurisdictions.
@TrumpCantRead 7 күн бұрын
Define “overpriced”
@TrumpCantRead 7 күн бұрын
@@chetpomeroy1399 there’s no money in “holding vacant property off the market”
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead That depends. For example, they can write off their vacant properties on their annual federal income taxes. Depending upon how much they keep vacant, as well as the size of their income-tax liabilities, the savings could be more than what they would be able to get filling those vacancies.
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead I believe I've explained this to you previously elsewhere, but a house or other property for sale can be "overpriced" if it *doesn't* attract any buyers. The seller of the property can either sufficiently *lower* the price to attract buyers, *or* take the property off of the market. Again, this is *The Law of Supply and Demand.*
@TBoy1247 5 күн бұрын
Yeah it's interest rates, but also real estate taxes, insurance, energy and inflation on everything else.
@michaelzimmerman9221 7 күн бұрын
The numbers are twice as bad as 2008!
@TrumpCantRead 7 күн бұрын
Your graph is upside down
@kristinix8380 7 күн бұрын
Air BNB are absolutely not helping either
@robertsantiago953 7 күн бұрын
Major campain donors . YT gonna block you 😂
@hfarthingt 7 күн бұрын
Airbnb helps me afford my first home. I live (“illegally”) in the garage with my family of 6 and rent out the rest of home.
@TrumpCantRead 7 күн бұрын
@@kristinix8380 “not helping” who, you?
@Namelbmert 6 күн бұрын
Moron Mail
@jrobbins8058 6 күн бұрын
Maybe 5 to 6 years before anyone thinks of seeing 5% on a 30 year if you are lucky.
@emanc4775 4 күн бұрын
We went from a country that hated paying taxes to a government we no longer recognized. To lets tax everything thing anyone could possibly own.
@JohnDoe-xu2vx 4 күн бұрын
It's not the higher rates, its the fact that the home prices are way too high.....overpriced....we need to go through foreclosures etc....lower rates equals higher prices
@britenrhodehouse8692 7 күн бұрын
Rates, terms... blah blah blah. The truth is mass investment by Wallstreet keeping millions of empty houses off the market creating an artificial short along with government greed through taxation is the problem. Housing is 2x 3x what it shiuld be ...End of story
@TrumpCantRead 6 күн бұрын
Hilarious claim, and a clear lack of understanding what a “short” is. Now please explain how YOU calculate what the housing costs “should be”.
@harrymiller1622 4 күн бұрын
The problem is out of control speculation in the market, NOT interest rates!
@arianborici2875 7 күн бұрын
Lower section 8 payments and other government programs will bring the rents down, and that will bring lower prices for buildings. NYC pays 3000$$$ a one bedroom apartment for section 8. Working men can't compete with government checks.
@JOHN_F_KENNEDY_DADDY 7 күн бұрын
Kevin should be the face for Fox News with Kayleigh
@TrumpCantRead 7 күн бұрын
This isn’t “news” kid, this is what FOX calls “entertainment”
@keepingitrealbymonique6040 5 күн бұрын
I’m homeless at 58 years old. I’m so sick and tired of rich B who don’t have a clue what’s it like not to have a safe haven
@bullethead67ful 7 күн бұрын
If you lower rates they will just raise the price of the houses. Regulation needs to be cut so more houses can be built. Inventory increase is the only thing that's going to help or a housing crash or a housing prices just come down
@chetpomeroy1399 7 күн бұрын
It has been said that private equity firms and corporate hedge funds buy up excess supply and hold it off of the market to artificially inflate prices. Perhaps the Feds should force these corporations to divest these properties.
@TrumpCantRead 7 күн бұрын
@@bullethead67ful Dunno who “they” is but houses sell on the free market.
@douglasgilbert486 6 күн бұрын
you'll never see that kind of buying behavior again.
@chetpomeroy1399 6 күн бұрын
@@TrumpCantRead This is true, unless large economic entities such as corporate hedge funds buy up massive amounts of homes, leaving a percentage of them off of the market and vacant. Remember, leaving at least *some* of them vacant would allow these hedge funds to write them off at tax time, and the savings could be more than the income generated from just allowing their vacancies to be filled, allowing them to minimize their income-tax liabilities.
@TrumpCantRead 6 күн бұрын
@@douglasgilbert486 How can you claim to predict the future?
@davidwilliams4498 7 күн бұрын
LAUGHABLE to think a real estate tycoon eill make housing an America affordable again.
@mobfxtrading 5 күн бұрын
The average US salary is 60k....not 80k...In the US, 50% of employed workers make 30k or less... thats the reality that these MSM folks like to avoid covering
@joannclark9664 7 күн бұрын
House on the market now had a buyer could qualify for the load but insurance is so high they could not afford the insurance. Back on the market hoping someone comes along.
@TrumpCantRead 7 күн бұрын
Who cares ?
@thomaskim5008 6 күн бұрын
How would lowering the interest rate stop the home price raises? It will only increase the home price as the demand will increase
@bondjovi4595 7 күн бұрын
I'm a single guy, I will be purchasing a home as a single guy.
@eugenefirebird8938 7 күн бұрын
Yeah they always talk about "household income" like everybody has two earners.
@TrumpCantRead 7 күн бұрын
@@eugenefirebird8938 “always”? How do you claim to know that?
@exnecross3141 6 күн бұрын
Single people don't need single-family homes. The average single person has never been able to afford a home. Get an apartment. If you want to start a family, then both of you can work and afford a home
@TrumpCantRead 6 күн бұрын
@@exnecross3141 do you have any facts? I ask because your entire post is nothing but opinions
@exnecross3141 5 күн бұрын
@@TrumpCantRead I told you a fact. You don't need a single family house as one person. You can make do just fine in a 1 bedroom apartment. The other fact was that the average home in america has never been affordable for the average single income worker. I can give you an opinion though, but I don't think you'd like it.
@user-fc1ld9ts8u 7 күн бұрын
Housing proponents always want low interest rates. While this befits real estate, it fouls up everything else.
@eugenefirebird8938 7 күн бұрын
The problem of inflated house prices was caused by low interest rates in the first place. House prices are at least double real value because of that.
@proudcalifornian9914 7 күн бұрын
@@eugenefirebird8938the low interest rates were caused by the Bush/Cheney 2008 financial crisis. Republicans always do this kind of stupid stuff and a Democrat has to clean it up. Kinda like Trump inheriting the longest running economic recovery in American history from Barak Obama and handing Biden the worst economic crisis since the Bush Great Recession
@starburst23 7 күн бұрын
The housing market isn't a factor in deciding rates, nobody at the fed cares what a house costs. Rates are determined by how much money the gov printed, and by that amount how much the banks need to claw back so they're not left holding the bag. They do it through somehow charging more to do the same job, aka interest rate hikes. It's the great financial scam cycle.
@user-fc1ld9ts8u 7 күн бұрын
@@eugenefirebird8938 I partially agree with your comment. While low interest rates played a part, the major actions that really ignited inflation were two things: the scene was set using "quantitative easing," i.e., repeatedly raising the debt limit and using the limit to issue U.S. bonds ny the U.S. Treasury that were "bought" by the Federal Reserve thereby increasing the debt of the U.S. government. What truly started eroding the purchasing power of money (inflation) was requiring the country to shut down during Covid and paying people money for staying home and producing nothing. These two actions as other little actions, became kindling to the forest fire and helping it grow out of control.
@TrumpCantRead 7 күн бұрын
“everything else”? - how does it “foul up” the NFL?
@winstonsmith935 7 күн бұрын
Cost of lumber is high, 8 million tons of Lumber burnt down in BC,
@mattthemouse1 4 күн бұрын
The only solution is to increase the supply of single family homes on the market. But if you do that, *everyones* house will be worth far, far less so everyone who bought high are completely underwater
@josephfraley4432 5 күн бұрын
When you let in millions of immigrants into the country. Just what do u think that will do to supply. not even mentioning inflation
@sarahscutt 6 күн бұрын
I love how interactive the creator is with the community. So rare these days!
@vitaminwater6235 4 күн бұрын
Luckily my mortage I bought in 2020 is 20% of my after tax income .. can’t even imagine what it would cost to buy a home right now
@debraanderson5480 5 күн бұрын
He hit that nail on the head!
@sheldoninst 7 күн бұрын
Reducing rates would only exacerbate the problem with housing further inflating in price. The solution is to loosen up restrictions on permits to build housing, reduce taxes especially those on property and estates, reduce govt pensions dramatically, crack down on squatters…
@TrumpCantRead 7 күн бұрын
sounds like China
@AsintheDaysofNoah 7 күн бұрын
Isn’t printing money not back by anything counterfeiting?
@TrumpCantRead 7 күн бұрын
Not if it’s legal tender
@gkenobi559 7 күн бұрын
Why are houses expensive again when its the same crappy house just new lipstick?
@chetpomeroy1399 7 күн бұрын
My suspicion this is the case because corporate hedge funds and other massive corporate entities have bought up excess supply and held it off of the market, artificially inflating prices.
@TrumpCantRead 7 күн бұрын
Why do you claim they are “expensive”? That’s a relative term to every buyer, and a meaningless one to non-buyers.
@TrumpCantRead 7 күн бұрын
@@chetpomeroy1399 what is “excess supply”?
@gkenobi559 7 күн бұрын
@@TrumpCantRead are you serious? How much was that same house 20yrs ago? It's the same older house now for a more expensive price.
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead It can be complicated. "Excess supply" *could* be defined as vacant houses and/or rental units that private equity firms and corporate hedge funds decide to hold off of the market at a net profit. As I've said to you elsewhere previously, it could be less costly and more profitable to leave some of their properties vacant to write them off and lower their income-tax liability during federal tax time.
@Dfgbuiiyyyybb 5 күн бұрын
Here’s the problem with low interest rates… when interest rates are low people buy more house (larger home over paying inflating home values) instead of buying the house they “need” and paying it off faster. And the long term consequences of inflated home values… higher property taxes and higher home owners insurance. At the end of the day Americans are just bad with money.
@donaldkasper8346 7 күн бұрын
Or, as my father always said, "Now that you got that job in the big city, you starting driving out of town until housing prices are at a level you can afford and you have to commute to work." However, now I get the impression just everyone has that idea and everything no matter how remote, is all expensive.
@TrumpCantRead 7 күн бұрын
@@donaldkasper8346 define “expensive” in objective terms
@donaldkasper8346 6 күн бұрын
@@TrumpCantRead 3rd or 4th quartile in a statistical population bell curve.
@N_W677 4 күн бұрын
Bro nobody I know can afford a house it’s crazy family and friends yea a handful of family members own homes but even they say the home prices the past 5 years is crazy even the people I talk to on the street said they wouldn’t be able to buy a house the housing market in America is insane even if you got a trade or career a doctor at the hospital told me he bought his first home in Santa Ana for those who don’t Santa Ana is ghetto a doctor smh we don’t stand a chance with these home prices
@kathymikesellonlywifeofchr9121 6 күн бұрын
.souls, kevin it was about souls.
@kathymikesellonlywifeofchr9121 6 күн бұрын
✝️🩸
@vishnu2699 7 күн бұрын
20%-25% tax on your 2nd purchase house would likely fix everything. So we can tax on different income bracket but can't tax on buying a second house?
@TrumpCantRead 7 күн бұрын
“second purchase house” !!
@TrumpCantRead 7 күн бұрын
Dunno who “we” is but how would YOU know who is buying a “second house”?
@SaveManWoman 5 күн бұрын
The only way to make money in this housing is unloading at these levels. If you think you will be first to get out in rates reversal you are mistaken. You will be holding the bag in a year.
@Doty6String 7 күн бұрын
In my area it’s nimbys not allowing building
@TrumpCantRead 6 күн бұрын
“Nimbys” don’t have a say if the proposed project meets code and existing regulations
@Doty6String 6 күн бұрын
@@TrumpCantRead nimbys vote in the regulations
@keepingitrealbymonique6040 5 күн бұрын
Where living in the last days let some of have something before money and material things want be an issue.
@brianmcmillan5647 6 күн бұрын
I like Kevin O’Leary very intelligent man knows his business. Remember back 3 1/2 years ago when President Trump was an office Americans didn’t have any of these problems. Just remember that.
@AdamLevine759 2 күн бұрын
The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that or generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 48.
@AmberHeardo 2 күн бұрын
I don't think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor like Azul to ensure appropriate retirement planning.
@KeanuReevesf 2 күн бұрын
I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too
@Sylvesterhunter870 2 күн бұрын
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
@KeanuReevesf 2 күн бұрын
'Melissa Elise Robinson' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@Sylvesterhunter870 2 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@joeb8725 6 күн бұрын
He’s a real estate investor of course he doesn’t want more inventory bc then his stuff would go down in value simple supply and demand economics.
@hkiajtaqks5253 7 күн бұрын
temporarily buying small houses might be a good solution.
@pirate9154 7 күн бұрын
RAISE RATES!
@dennislawrence8501 7 күн бұрын
America's Inflation Rate 3%. Lower that Australia, Great Britain Rates.
@chepaco3290 7 күн бұрын
Quite the cherry-pocked out-of-context stat you got there. 3 inches of snow doesn't sound like a lot the day affer a blizzard that just dumped 3 feet. Our 3% inflation right now doesn't tell the whole story, and you know it.
@TrumpCantRead 7 күн бұрын
@@chepaco3290 I know, that you know, that WE know, you cannot know, what OP “knows” or what OP does not know”know”.
@chetpomeroy1399 7 күн бұрын
Stringent zoning regulations are an important factor in this equation, in some jurisdictions. Prices need to be commensurate with paychecks; it's that simple.
@TrumpCantRead 7 күн бұрын
You have it backwards.
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead We'll see when businesses start cutting payrolls, and those paychecks start disappearing. After all, the bank needs *income verification* to authorize a loan, and landlords need the same thing to justify accepting a tenant.
@TrumpCantRead 7 күн бұрын
@@chetpomeroy1399 your predictions are irrelevant.
@chetpomeroy1399 7 күн бұрын
@@TrumpCantRead Economic downturns in the context of business cycles aren't "predictions," they're present-moment realities. I'm well into my 60's, and have lived through *several* of them. Some were real doozies.
@TrumpCantRead 6 күн бұрын
@@chetpomeroy1399 no prediction is a “reality”, and your “argument from authority” is a logical fallacy. Now what’s this talk about a “present day” “down turn” - Are you claiming the United States is in a “down turn”? And why did you claim “(housing) prices need to be commensurate with paychecks”? The market does not care where the buyer’s money comes from.
@desmo8755 6 күн бұрын
Rates have been this high before without a housing crisis. It’s not the rates it’s that they changed quickly. Eventually people will need to sell and move around and the market will adjust to higher rates. Doesn’t reducing rates just make inflation worse? Of course it does. So the real cause of the crisis is too much needless Covid welfare driving inflation which drives rate hikes.
@newshoes-bf2xv 6 күн бұрын
They are letting people in this country with high interest rates? Why?
@TrumpCantRead 6 күн бұрын
People do not have “high interest rates”
@mr.random8447 2 күн бұрын
People need to get laid off, so they have no choice but to sell
@exnecross3141 6 күн бұрын
I think he missspoke. The average salary is not 85k.
@WasThatWong 2 сағат бұрын
Seal the border and energy independence. Huge improvement to our economy.
@robroberts7093 7 күн бұрын
No guys would a robot remember its first moments of life? Being powered up on the assembly line? Could it describe the environment and the people around it? Its day to day existence if you asked?
@marcopolo3109 7 күн бұрын
I'm single, on my 30s and financially stable. I own a house with 4 bedrooms and 2 bathrooms. I live alone in the house, and I don't have kids. The mortgage is already paid off so I don't need to worry about paying monthly mortgage. Owning a home feels peace of mind.
@jamesr1703 7 күн бұрын
Please Kevin. The problem is not interest rates. Although currently high, they fluctuate giving one the opportunity to refinance. The real problem now with housing is the INSURANCE RATES AND PROPERTY TAXES. Insurance rates never go down, only up and homeowners are seeing insurance premiums double, even triple. That's the REAL problem with housing now. Even if you can afford to pay for the house, you will not be able to pay for the property insurance.
@TrumpCantRead 7 күн бұрын
then sell the house.
@uncleogrimacy 7 күн бұрын
Running over people with a boat?
@dynamitedmoney 7 күн бұрын
Build baby build and drill baby drill!!
@DavidLopez-gz2jc 5 күн бұрын
Real state corruption
@ytfeverguy8367 7 күн бұрын
Relax RV parking restrictions and install millions of functional new campsites with utilities for a few hundred bucks per month. Problem solved. Residential zoning is not only broken, its obsolete as a concept.
@TrumpCantRead 7 күн бұрын
Go for it! Sounds like a great opportunity for you
@juicebox464 7 күн бұрын
When you think about it for people working two jobs one job you have to pay you gang to take and your other job is you to survive on, what the gang needs to do is stop taking 45 % off our pay cheques and people would be way better
@mickjones2871 6 күн бұрын
Just remember, only the rich benefit from inflation. Their asset values increase. And the inflated prices we see. They never come back down. Look at prices of cars & houses over the years.
@DoubleBarrel6969 5 күн бұрын
Boomers had it so easy.
@juneyshu6197 7 күн бұрын
Nothing. My moms house was 25k, now 1.5 mil. Nonsense.
@TrumpCantRead 7 күн бұрын
Sounds like nonsense
@twosons5290 4 күн бұрын
Corporate ownership PERIOD
@mikemann1638 6 күн бұрын
Problem is the rich get richer and the poor starve build that into your stupid equation
@AndreaDoesYoga 7 күн бұрын
The housing crisis is truly alarming.
@eugenefirebird8938 7 күн бұрын
Pure greed at work.
@TrumpCantRead 7 күн бұрын
What “crisis”?
@snerffy 7 күн бұрын
@TrumpCantRead why are you commenting? you’re the top commenter on this thread and you’re useless.
@davidbrock6263 7 күн бұрын
Houses built 1940/50/60 were 3 bed/1 bath 1200sqft. New houses are 4-5 bed/3-4 bath 3000+sqft. I wonder why they cost sooo much more?
@TrumpCantRead 7 күн бұрын
Your equivalency is false
@OhNoNotAgain42 7 күн бұрын
I’ve been involved in the infrastructure development business for several decades. More and more people. Aging infrastructure. Diminishing water supplies. Diminishing resources of all kinds. Sure, building more sounds great. That leads to even more people and more fights over resources. He’s a typical short term solution guy. Just like Trump. These problems have no easy solutions. Start there and look for people who have a bigger picture understanding.
@jmack619 7 күн бұрын
And Biden brings in millions more people
@Doty6String 7 күн бұрын
The only way to fix this is if the economy collapses
@TrumpCantRead 6 күн бұрын
What is “this”?
@mwalt2628 7 күн бұрын
3 people in my house 5 jobs between us. Barely making it
@TrumpCantRead 7 күн бұрын
Stop whining
@user-cz3bw5qe7p 6 күн бұрын
Can republicans for one time have a conversation and committee about helping Citizens?
@user-bu5kz4ox7j 7 күн бұрын
I have no mortgage taxes are paid. I want to sell and move.
@mrb36b 7 күн бұрын
I'm retired and just bought a house on the beach in San Diego. So, what's the problem? Go Bidenomics GO!!!!
@TrumpCantRead 7 күн бұрын
So do it
@kellyw8017 4 күн бұрын
Repeating the comment below, "Outlaw corporations, foreign countries, and illegal aliens from buying property or land."
@Clickbait540 6 күн бұрын
Let it crash
@user-iy8dh9uc7x 7 күн бұрын
The house passes today automatically registering for the draft is compulsory meaning they have started the draft of 19 to 22 years old. Tell me we are not in WW three right now.
@TrumpCantRead 7 күн бұрын
wait… what’s the difference between “automatically” and “compulsory” in this context?
@user-iy8dh9uc7x 7 күн бұрын
@@TrumpCantRead Ever heard of Black Rock?
@user-iy8dh9uc7x 7 күн бұрын
@@TrumpCantRead Black Rock owns most of the real estate in Ukraine and Russia owns the rest. Black Rock loaned Ukraine 500 million dollars using the real estate as collateral. Ukraine hasn't paid for two years. Next month black Rock will take the collateral unless Ukraine pays and the Ukraine is collapsing.
@user-iy8dh9uc7x 7 күн бұрын
@@TrumpCantRead Black Rock owns most of the real estate in America too, single family homes and commercial real estate
@user-iy8dh9uc7x 7 күн бұрын
@@TrumpCantRead The government privatized infrastructure so black Rock owns most of the freeways and bridges and soon we will get charged a toll bridge fee and turnpike fares
@flynnstone3580 7 күн бұрын
Up until three and a half years ago we were all doing pretty good.🤔
@TrumpCantRead 7 күн бұрын
Dumpy left office with FEWER jobs in USA then when he started. So…….. explain
@johnyang1420 7 күн бұрын
Live in an RV
@michaelbarry8513 7 күн бұрын
None of this matters. A vote will not defeat an algorithm.
@speedyzolt 7 күн бұрын
It’s Bidonomics lol. When are people gonna wake up and vote Republican at least this time around
@TrumpCantRead 7 күн бұрын
But “woke” is “bad”
@robbelliii 5 күн бұрын
Let’s be honest, both these guys are clowns. Neither party has answers.
@TrumpCantRead 4 күн бұрын
@@robbelliii your false equivalency is a logical fallacy
@pamczech5984 7 күн бұрын
Throw money into housing and watch black rock get richer
@elto888 7 күн бұрын
Dialing jerome now.....
@darwinpenning1319 7 күн бұрын
OUST Biden and every Democrat! Trump 2024 - - November 5 - - Vote, baby vote!
@EllieMaes-Grandad 7 күн бұрын
What goes around comes around. 2025 will see the recovery of USA or the continuation of a steep and rapid decline to non-existence. Vote intelligently in November.
@TrumpCantRead 7 күн бұрын
Whattya waitin’ for Rambo?
@dennislawrence8501 7 күн бұрын
Highest Employment ever. If you can't find a Job, you are not really trying hard enough.
@chetpomeroy1399 7 күн бұрын
Good times don't last forever. Such is the nature of *business cycles.* I've lived through several of them.
@TrumpCantRead 7 күн бұрын
@@chetpomeroy1399 No one made any claim about “forever”.
@melanie2100 7 күн бұрын
but wait...according to Biden, inflation went up only an "inch". :(
@TrumpCantRead 7 күн бұрын
Inflation is measured by percentage, not “inches”
@NICKPORTER8855 7 күн бұрын
Well, if Kevin O'Leary says it, then it must be true HA HA HA HA HA HA HA HA HA HA HA HA HA HA
@huntersParmesanPipe 7 күн бұрын
Return the swing set 👖
@joesmith4443 7 күн бұрын
Kevin O’Leary: None of The Sharks including myself would go into -business- bankruptcy with a Convicted Felon Trump
@joesmith4443 7 күн бұрын
@@huntersParmesanPipe👈🏻 Calls MAGA media polls of Trump losing ‘Fake Mews’ 🤡 🤣
@huntersParmesanPipe 7 күн бұрын
@@joesmith4443 👈 👖 replies to 👖
@chevy3022 7 күн бұрын
Why did you get expelled from college 👖 🤣😂
@aidenfisher5679 7 күн бұрын
Interest rates r d problem
@TrumpCantRead 7 күн бұрын
Why?
@MDJakaria-zm7uo 3 күн бұрын
hi
@billywalker9223 7 күн бұрын
As a builder, I can say that developers used to make about $20k per house. Now they won't build unless they profit $100k or more. Realtors love the inflated prices, as their commission is based on a percentage of the sales price. People would be astounded at what a home can actually be built for.
@TrumpCantRead 7 күн бұрын
but you’re not “a builder”, and it doesn’t matter if you are. Seller’s don’t determine value, buyers do.
@TrumpCantRead 7 күн бұрын
What does “inflated price” mean?
@darkdan3379 7 күн бұрын
Private equity has made the American dream exactly just that...
@EllieMaes-Grandad 7 күн бұрын
Forget "the American dream"; concentrate on the harsh reality of current decline . . .
@darkdan3379 7 күн бұрын
@@EllieMaes-Grandad on how private equity is buying a 500 house housing development and paying in cash?
@mrb36b 7 күн бұрын
"The owners of this country know the truth: It's called the American dream because you have to be asleep to believe it." George Carlin
@JohnAntonides 5 күн бұрын
Republicans own ressions . Look at history .
Fox Business
Рет қаралды 1,4 МЛН
Gufee.medalin
Рет қаралды 9 МЛН
Immersed
Рет қаралды 56 МЛН
Fox News
Рет қаралды 89 М.
Fox Business
Рет қаралды 320 М.
The Educated Homebuyer Podcast
Рет қаралды 3,3 М.
Tucker Carlson
Рет қаралды 1,5 МЛН
Valuetainment
Рет қаралды 938 М.
Gufee.medalin
Рет қаралды 9 МЛН