Global real estate adviser Jenna Stauffer argues the American dream of home ownership ‘still exists’ during her appearance on ‘Mornings with Maria.’
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The hoghest greedy in the recent century that will lead to society collapse.
For most, home ownership was and is still is a top priority, but that is being stripped away and only getting worse.
Home prices and rent prices needs to be drop on the same time otherwise everyone literally everyone will try to buy a house. But first try to lower rent cost so more people are willing to rent than buy
Wages no change
Groceries ⬆️
Car payment ⬆️
Health insurance ⬆️
Car insurance ⬆️
Utility ⬆️
Credit card debt ⬆️
Hygiene products ⬆️
Same wages vs tripled living expenses
Mortgage OVER PRICED 😂😂😂😂🥲what’s going on America 🇺🇸
Thank you Melody for fighting for the truth and give awareness to citizens 🙏🙏🙏🙏🙏History will remember you and other YouTube who Scream for real estate justice for middleclass 🙏🙏🙏
It's not the mortgage rate that's the issue. It's the price of houses being $100k over priced. Higher prices means higher insurance and property taxes.
Politicians screwed it. it's not really unaffordable. the prices will come down. that's a lie. they're trying to save demand and are afraid of prices falling. that's why everyone is stuck together. Also the appraisal is all based upon square footage like a tax assessor would do it. the tax value never used to be the same as the property value. that was engineered probably with municipal bonds. that's why everything crashed at the same time before. also notice that all of those houses look alike like beanie babies or pokemon cards. what happens when you make too many beanie babies? you're nothing but crooks in the democratic party. you've created an economic cancer globally with communist politics. all of the economic goals were to increase government size and taxes.
This woman is an idiot who says PLACES LIKE THE NORTHEAST THAT ARE MORE AFFORDABLE TO LIVE. the northeast is ranked the most expensive.
THE YOUNGER GENERATION DOESNT KNOW U NEED 740+ FICO SCORE FOR THE BEST RATE & TO START WITH A STARTER HOME, NOT 3000 SQ FT
6% IS NORMAL. I WOULD RATER HAVE LOWER PRICE
The American dream was never to be 30 years in mortgage debt. The bank would try to convince you otherwise.
American People are in for a ROOF AWAKENING!!!
“Let’s curb limited liability corporations and private investors, at least in regard to residential real estate, more aggressively than just requiring full transparency. There must remain a path to opportunity for individuals and families in the residential real estate market. To make this possible, LLC and private investor participation in residential real estate must be severely limited. An individual seller’s opportunity to maximize his or her profit should not be the only dictate. Affordable residential real estate and rent is critical, indeed paramount, to societal quality of life.”
John Healy
Ponte Vedra Beach, Fla.
The housing market is supposed to work in a certain way – people sell their homes to downsize as they age, become empty nesters, or upsize to support their growing family, and builders construct new homes. These activities create a balanced housing market for both sellers and buyers. However, the current housing market is different. Large corporations such as Zillow engage in market manipulation for profit, Tricon Residential Inc. purchases single-family homes and turning them into rental properties, and ‘Ibuyers such as Opendoor Technologies Inc. purchase and hold houses waiting for prices to increase so they can flip them for profit, among others, heavily influence today's market. Unfortunately, these corporations are negatively affecting home affordability for everyone, including both buyers and sellers. Therefore, our national, state, and local community governments must take into account the harmful effects that these organizations are having on home affordability and the entire economy.
Lower mortgage rates will suck in a few more fools, but the party is over.
Real estate and automobiles have been overpriced for a long time and that probably won't change until we go into a deep recession.
It doesn't matter if you have kids or not , you still want a place to live on your own and be able to afford it. Duh 🙄
Hey crash bois who laughed at me for buying during covid. Where are you now? 😂
To conclude: It is a DISGRACE unseen since the founding of this great country that housing is not affordable for younger generations.
1. 30-year fixed rates will settle at 5.5%
2. Housing sold price will not come down. They will not move much higher either in the short term.
3. The lower rates will bring more listings to market but not significantly.
Breath of fresh air? I almost spit out my coffee. You’re out of your mind. The interest rate isn’t keeping buyers away.
What I don't understand is that when mortgage rates hit extreme lows (~3%) home values go way up, but when mortgage rates go up home values either stay the same or continue to rise. How can average homes be unaffordable and out of reach for most people yet hold their value?
Voting for Democrats has its consequences
The Government owns your house. They let you play "pretend" to make you feel better. Stop paying your taxes and see if you really own your house.
Those people can't even live there anyways
We actually don't want any of your sports anymore cause it's just a fat collector it does you don't want any of this s*** you guys f**** did whatever the f*** y** guys did we don't want it f**** hearing
I do that's cause all the poor people do police station stuff so you just have a group of poor people and it feeds a fita system of collectors
Yep! Bought a house renovated by democrat cousins that married. It was used as a tax write off for 30 years while the mother aunt the grand architect of the arrangement waited for her second husband a sugar daddy to die so they could inherit their millions and keep this house as a tax write off scaring people away with stories that they’re sick and uranium glass displayed everywhere broken glass all over the property and they didn’t bother to fix anything correct or build anything correctly.
And I can’t even afford to do anything really with it yet at 7% interest!
So what do you do with a box full 100 year old Democrat uranium glass? That I found in the crawl space fixing a dollars worth of wire but he didn’t even bother to nail up so it sag as the mice ran up and down and staying warm leaving brown stains all over the wire I had to handle! And crawl in a crawlspace with uranium glass!
Jesus please help these Democrats beam them up and judge them quickly they’re a disgrace down here!
Housing market crash before March?
After watching this I realized something very important, I’m not pretty enough to be on TV.
Thank you dirty uncle Joe
The problem has been the inflated price for higher commissions. Greed is the number one problem
These mortgage rates are hardly a breath of fresh air. The prices are outrageous; rates do not make overpriced housing affordable.
More buyers coming into the market means prices going up. That's how markets work.
Glad I have my places. I feel for my son and his generation.
it was 3% when Trump was in office.
The dream is still there, but the affordability is not.
6.6??? That's good???
they are speaking nonsense. Mortgage rates don’t matter when a good home is 500,000 or more
Why would boomers get rid of their home? To buy a more expensive one that’s not worth it?
Do not be a debth slave for 30 years do not buy right now wait for prices to drop.
That's by design. They want you all to live in apartments.
Needs to be 3 percent
Don't buy. It's going down.
Liberals have encouraged real estate investment trusts to buy up all the property and rent it at inflated prices. Dark money, foreign money, funny money, all rush into the investment scams to boost home prices beyond ordinary individuals means.