Don't Buy Real Estate in March 2011, buy 2012 and after
Uploader Comments (MrAlanKendall)
Top Comments
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Why should people wait to buy when they can buy one now, i think people should accumulate as much debt as they can before the depression starts. Also, banks need people to borrow in order to retain their high salaries and high profits.
Video Responses
All Comments (195)
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There has never been a better time to buy real estate. After all, it never goes down in price and they aren't building any more land. Buy NOW before it's too late and you will get left out of riches.
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Take a look at the YouTube video-- Mortgage Tsunami Two: 2011-2013
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Don't be foolish. When investing in cycles you still have to watch the markets and what's going on. Until the Euro or USD colapses then it's game on. Gold and silver is where you need to be.
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Everything is fine government and federal reserve will print trillions more dollars the banks can then loan out this print money all the glut of housing and commercial real-estate will be bought and the bulldozers, paving, and erecting can begin again. The party never dies as long as we print baby print. The doors of immigration must be thrown wide open no restrictions allowed with huge population increases America is back in business with mini and super malls and warehousings endless horizons.
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I still still correct ?
Invest all your money right now.This is the best time to buy Foreclosures,Tomorrow will be too late
jamcocktail 7 months ago
@jamcocktail
Great comment. Foreclosures are at an all time high. Prices are crashed. Interest rates are at a 50 year low. Prices are likely to stay low until March 2012 when loans quit resetting. Then prices will only get stronger. Between 2012 and 2015 I expect a 30% jump and after 2015 I expect massive jumps in prices due to inflation and the foreclosures being sold off by then.
MrAlanKendall 7 months ago
This analysis may have been a good guess at the time of uploading, but now many variables are playing that invalidate prediction. Most States are fighting the foreclosure proceedings, and winning. There isn't going to be more foreclosure heading the next year, banks are going to make less Economic Profit instead. Add, very little to no more homes are being built and the economy is slowly but surely on the recovery mode, and population growth make this analysis is out of date.
no pun intended
Airforcing 8 months ago 2
@Airforcing
Loans peak in resets September 2011 and March 2012 loans almost completely stop resetting. After march 2012 prices will only get stronger. I estimate prices will rebound 30% to the upside by between 2012 and 2015 (like in the aerospace recession when foreclousres quit increasing). After the foreclosures are all sold off in 2015, prices should have a strong jump. I estimate that between 2016 and 2027 prices will jump 8 times (700%) in price.
MrAlanKendall 8 months ago
What will happen to real estate prices when interest rates rise?
lizadfuel 8 months ago
@lizadfuel
Interest Rates rise when the value of Property is doubling. I know that this is not what is commonly accepted but you will see it happen the second half of this decade.
MrAlanKendall 8 months ago