The Peebles Corporation chairman and CEO assesses the housing market and shares his expectations for the November midterms on ‘Maria Bartiromo’s Wall Street.’
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High market house price occur inflation , who can buy , most leave beforw recession it cost living peak …we just
been going in the wron direction since 2016. housing has been inflating ridiculously since then
Iam so excited ive been earning $9k a week with Dan Strayer. He has worker miracles for me since I first started investing with him.
There will be Bargains in the Housing Market
Investing in forex currency is the best investment anyone can do This season because it has made a lot of people millionaires. I pray that anyone who reads this will be successful in life
Captain obvious.
Real estate is a local market. Declining prices will be concentrated in those "hot" urban areas where prices were pushed into the stratosphere. I most medium and small cities, prices never went up by enough to cover the increasing cost of building materials. If a new home costs $250 per square foot, then an existing home at $200 per square foot is a bargain. Only decreasing demand will have any significant effect on rising home prices, and most families still prefer living in their own home rather than renting one from a corporate landlord.
The average since 1971 in rates has been 7.8%. The market will absorb these rates, if it continues to increase as many suspect it will then our problems get serious.
I love Tom Cotton. Are state has been blessed with him representing our state. I hope Dr Oz wins.
It's almost like this whole thing was planned… 🤣🤣🤣
I gotta sell my place in NY asap! Truth be told 6% is relatively high – but just like they said it's been higher even 20 years ago.
Rentals will go down… too many rentals available and people are being smart and creative.
Move in with parents, find roommates, even get a RV.
If the Republicans take over in November the economy will stabilize and his dire prediction will not pan out.
"Nancy Pelosi stated on Friday (2022-03-11) that inflation was solely Vladimir Putin's fault and insisted that their multi-trillion dollar deficit spending is "reducing the national debt" and "not adding to inflation."
The President, meanwhile, has blamed inflation on "greed", while the Federal Reserve insists that higher prices are a result of supply chain dysfunction.
Not one of these institutions– Congress, the White House, or the Fed– seems capable of looking at their own actions.
1. The Fed refuses to consider that inflation is due to their dizzying expansion of the US money supply; the largest since 1943.
2. Congress refuses to consider that inflation is due to their insane deficit spending; the largest ever in US history.
3. The White House refuses to consider that inflation is due to its fetish for anti-competitive regulations and constant attacks on capitalism.
So, when the three key institutions charged with keeping inflation in check refuse to understand why there's a problem, it's hard to imagine they're going to fix it.
There are plenty of other lingering inflation factors as well; geopolitical conflict is obviously inflationary. COVID-19 continues to be very inflationary. Environmental fanaticism is inflationary."
— Simon Black
Prices are inflating because the currency is intentionally devaluing.
"The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy." — Ludwig von Mises
The FED has deliberately destroyed the Housing Market. This has been the plan since 2011.
A crash and bullish market provide equal high-yield potential, it's all about early information and the right strategy, I've seen folks that netted 7figure gains amidst crash, and pull it off as easily in a bull market. Unequivocally the crash/recession is getting somebody somewhere rich
😂🤣🤣 & the pre$$titute$ play on
10% Inflation, 10% Unemployment, 10% interest rate. That's the definition of a Biden "Soft Landing".
If home prices just pull back to the average we had in 2017, that will be a regression to the mean.
Most who bought in 2020 and 2021, paid prices that were above the logical appreciation and were mostly caused by the FOMO, which too many were worried about.
Great coverage!
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!
this guy is a democrat and he is right
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Republicans are gonna crash the economy. They just tried and tried to over throw democracy and they will try again