@joelmartinez2278
Property taxes, higher insurance is also forcing current homeowners to sell
@LincolnTransfer
In 1955, my Grandfather bought a house for $20,000. In 1965, he sold that home for $20,000. That was before the U.S. housing market was perverted in (I would argue) the 1990's with explosive suburban, 'model home' growth. A home is a place to live, not an investment.
@predictivesolutionsltd9662
I am an Agent. All of the data he has presented is 100% accurate and known in our industry
@mattrandall1808
All house prices cut in half or more would be a good start.
@Barbara61549
It doesn’t matter if your home value plummets if you don’t intend to sell. In fact, it could reduce your property taxes.
@Yasharalal144
BABYLON FINISHED!!!
@Davies-Edward00
Millions of Americans are grappling with a worsening rental crisis, driven by rising rents, stagnant wages, inflation, and the growing unaffordability of housing. As a result, many are struggling to save, and homeownership—once key to building wealth and ensuring financial stability—is becoming increasingly out of reach for the middle class. The dream of owning a home is fading for more people as the situation worsens.
@artawhirler
Doctor Doom! He's our man! If he can't scare us, no one can!
@alanreed647
what about home owners insurance and property taxes rising to high un affordable levels.
@jamila2957
Mr Doom, we thank you for your insight!
@djrickyb
I haven't watched an Epic Economist video in at least 10 months. I saw this pop up and decided I need me some real doom and gloom content with professional narration, and this video did not disappoint! What a refreshing change from the typical stuff I have been watching lately!
@enriquebarragan5565
Take it from an old man..... If the price of your home drops, don't worry unless you are selling. If the prices drop it's time to buy.
@ProvocateuAstrology2
In addition to high home costs cell Salaries have not kept pace with the rise in pricing
@Kinkle_Z
Young people can't even afford to rent. And rents will continue to rise.
@TuyetNhat_2
The potential for X-AI19c is massive
@LexModding
Riots coming
@ADHD55
America is collapsing, its economically a low wage country, a massive crash needs to happen to detox our economy and we can start building things again, I was renting a 3 bd studio in Vegas back in the 2000s cost 450 a month
@ahuatltelicza7874
I'm a Doomer and I doom all over the place 😩
@oneofmany1087
You will own nothing and live in the streets
@CoretteLécuyer