I'm just really glad I'm also invested in the stocks/equity market hearing all this troubles in the housing market ain't no worries to me..I was making fat cash already from my investments under the aid of an expert from dividends,fractional shares and high growth stocks

I remember the same thing happened in the 1980s and in 2005. People in my state who bought in 2005 still have homes that are worth less than they paid for them. Maybe it's different this time. Only time will tell.

Home prices in San Fran have been unaffordable for the last 15 years lol

This could happen This might happen We possibly could see Highly likely These crap videos talk forever and say NOTHING!!!!!

I am going to call it for the whole us , no crash till 2023. Not just cali, new york, LA , but whole us.

For 3 years I have been planing to buy a house at the end of 2020 and with this crap going on I may not get the chance to buy my first house. Its almost every house that goes on the market goes off very fast as people throw money at the sellers.

Excellent analysis. You covered the housing issues better than any other source I have seen to date.

As a fellow Real Estate professional, I would love for you and more Real Estate KZfaqrs be more vocal on the Eviction Moratorium and Landlord Rights. I know its not the popular thing to speak about, but the message needs to be sent. I have been doing everything possible to spread the word but I need more of my fellow Real Estate KZfaqrs to get involved.

If buyers pull back, it places pressure on available rentals, land lords will have a field day, people are always going to have a need for housing, so pick your poison, pay high home prices or pay high rents. if home prices are not appropriate for the market, why are they flying off the shelf. the market is self correcting, their is not any one who knows exactly when it will self correct, it will self correct when people stop buying homes, then the rental market will go crazy, like in San Francisco and New York city. darned if you do, darned if you don't. go big or go home.

The FED is fueling this flame, if Biden starts the 15k credit as well, things are going to get even more out of hand

I am looking to buy a rental property in Maryland. Do you suggest I wait due to the high prices right now?

Great Video, Love seeing your improvement in video production!

A factor no one is talking about it's all the homeowners Who currently have renters who can't get the renter's out and can't collect the back rent if they go to sell the buyer would have to agree to let the renter stay in the house without evicting them because of the moratorium on evictions and foreclosures that alone will affect the housing market

Great insight, Malcolm!

Good video! I like how you use the word "could" to suggest these are things that can happen, as opposed to some others who predict the future with absolute certainty. Can you do a video on 3-d printed homes? Why aren't they more available? Will states allow them for construction given current zoning laws?

afraid of missing out because the hope of making money every year from increase home value. if homes were to depreciate every year instead, there wouldn't be much demand. The idea of supply and demand causes the rise of home value is all based on the hope for appreciation.

I drove by a customer's house yesterday and the house got a 40k offer on top of the price and it's pretty Ghetto.

People cant sell their home because its to difficult to buy another . Until there is inventory to buy than prices remain elevated . How that inventory will appear is speculation . Foreclosures had a big impact in 2008 and there after but that cant happen until the pandemic is mostly over and government may continue to help people to keep their mortgages as they did in 2008 but maybe more aggressive with a democratic majority in the federal government . 2008 the market was propped up to an extent . It could have been allot worse . The question is should we allow for corrections to markets of any kind ? We have decided for over a decade that we want to avoid corrections and In a way it has worked not leading to a bigger problem down the road but are we just postponing the inevedible . Is it better to let the normal cycle of recession come and go ( relatively small and short lived ) or prevent them at all costs ? Kind of likr earth quakes better to have a bunch of smaller ones than one big one . Our system will fail someday or it will change as in reality it's not sustainable .

Great video I agree with your opinion on the possibility of interest rates going back up as we move forward. Currently it's just crazy and here in San Diego I know its predicted that home prices will increase more than 8% .........crazy

SO, YOU'RE A REALTOR, AND A PREPPER? INTERESTING... I HAVE SEEN YOUR PREP VIDEOS FOR SOME TIME. DID NOT KNOW ABOUT THIS CHANNEL.

Los Angeles - house prices keeps going up and weather is part of the the mortgage payment

Really informative video thank you 😊

Still patiently waiting for the market to crash into a giant ball of flames so I can afford a house 😂

Learned a ton, great video

Nothing is slowing down anytime soon dude

The US government keeps print out more money. House prices will keep pushing up. The next crash will be the granddaddy of all housing market crash. Thanks you for your anlaysis.

Most helpful video.

Fed raising rates b4 2024 is a zero probability event. Have you seen the 10 year treasury chart? There's too much debt now. You think the US citizen can afford to take on more interest?

I HEAR THOSE WHO TOOK THE FORBEARANCE PROGRAM MUST PAY THE BACK PAYMENTS UP FRONT BEFORE THE SALE IS COMPLETE... PAYING FROM THE SALE MONEY IS NOT AN OPTION.....SALES ARE BEING STOPPED LAST SECOND DUE TO THESE COSTS!!!!!! THESE WILL NOT SHOW TILL NEXT QUARTER.....😱😱😱😱😱😱

We are in major trouble, nothing is going to slow this till maybe summer

VA Loan requirements have already been raised. Minimum was 620. I shopped around all the big lenders, they raised their minimums to 680. Luckily I am well above that but that was a big surprise that they led phone calls with that information. I guess it's a popular question.

I agree with you, except your timeline. It's not realistic to expect herd immunity by March, hell, most people won't even get their first shot till April or May. I think July is probably the earliest date that the vaccine can have an impact. Also, foreclosure is often a drawn out process. Even if forbearance ends in March, I would not expect to see a major impact till fall or winter.

Won't foreclosures take an additional year after the forbearance process ends to actually hit the market? So are we talking 2022??

Where do we find the actual stats? Prior to the 2008 crash, we could see how many mortgages were prime, surprise etc. We could see the counties where they were located. We could see M3 which is total dollars, now we can't see that.

I don't see housing crashing in California as bay area buyers moving to Sacramento and Placer county and low inventory.

in your description you said we need more buyers than sellers for the market to crash i think you meant the opposite

banks are already tightening. Check the feds numbers for weekly loans.

Raise rates to 5% housing will become Even more unaffordable

so is it better to build a home

Have been Waiting for this a Long, long time. Ag for property - the days are approaching...

A “crash” would imply a decline of 30-50%? That doesn’t seem likely. The government is aiming for 1M doses per day, 80% of USA would take over 6 months to achieve herd immunity. When sellers sell, where do they go?

Becoming financially stable requires patience,dedication and good investment

nothing is going to happen until fed increase rate...nd till 2023 i guess fed will support economy

Spiking yields / rates ? Yes it could !!!

You lost me on " smartest and best accountants in America" .... sure🙄

3:50 Herd immunity by March 2021? I think housing would indeed be cheaper in that case, on account of the massive amounts of old people who wouldn't need a house, because they'd be dead. (the vaccine isn't being distributed at that rate)

I think rates just went up by 1 point.

Were fucked here in canada lol

I am disappointed how investors like yourself seem to be salivating over these poor people losing their homes so you can jump in and take advantage of their misfortune from no fault of their own. Soon investors will be sending them letters asking for their home and giving them a few dollars while you work out a way to get the property from their landlord.

House will keep increasing, this pandemic just Accelerate the process

THE MARKET IS GOING TO CRASH!!!!!!

Haha to all the greedy rat racers slum lords carma coming

Same shit over and over

I mean, people don't see it yet but the current economic problems are likely built into the physical limitations of the planet. We have reached the limits to growth. And automation is taking care of the rest. Capitalism no longer works. Not without serious and repeated state interventions. Eventually interest rates drop to 0% and lending institutions and securities trading only continues operating on the basis of massive state intervention. Once it becomes apparent this isn't a temporary state of affairs but a new and lasting paradigm, capitalism will slowly fade out of the conversation. Some kind of post capitalist worldview will surpass the dominant discourse of the past several centuries under capitalism. What do you call a situation where mortgage moratoriums become semi permanent due to a permanent economic crisis and banks lose so much money that they only exist because of state bail outs, then what is that? That's de facto state subsidized public housing. What many people refer to as socialism. This will become the reality across the board in almost every sector of the economy. Either that or we will be talking about the collapse of civilization. Because the alternative is putting everyone out on the streets and letting the rich hoard everything, including the basics necessary for merely maintaining basic life functions such as food and water. Historically, that is when the pitch forks come out and political systems go out of existence. Almost happened in 1930. The only reason it didn't is massive wealth redistribution. My suggestion to people is to open their eyes and see the writing on the wall.