When to buy a house in California and most US States
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Uploader Comments (MrAlanKendall)
All Comments (22)
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@Mralankendall so what real estate course do u recommend people take. Or which have u taken?? And how much do they run for??
Thanks
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Why do these boom and bust in home prices happen in SOME US States???? Answer: INSANE GROWTH CONTROL POLICES...
Instead of building more to keep up with demand, ridiculous growth policies in states like CA hardpress growth of new housing. Notice how Texas and North Carolina grows fast but does NOT see home price increases..!!
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I know it sounds crazy but I think you might be right.
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In case you didn't know, construction for rental units have almost stopped thanks to funding.
Do you own rentals?
I'm from CA. And you?
I know it sounds crazy but like you, I think we are going to have a housing shortage not too far in the distant future.
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What are your thoughts on the Canadian realestate market? Since are dollar is so close to par i don't know if i should buy in Canada or USA.
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Dammit i wish i wouldve seen this video prior to buying my home. I trying to close on a $300,000 home by middle of jan 2012.. Is that a good or bad thing for me?
johnpkang 2 months ago
@johnpkang
Loan resets have been pushed out till October 2012 so between Now and October 2012 you will get the best rate and the best price. I read an article last week where they predict that after October 2012 rates will jump 1.8 and most people will be paying over 6% in interest and prices will jump after October 2012. I predict a 30% jump between October 2012 and the end of 2015.
MrAlanKendall 2 months ago
What are your thoughts on the Canadian realestate market? Since are dollar is so close to par i don't know if i should buy in Canada or USA.
livinthedublife 1 year ago
US Real Estate prices will quadruple from 2015 to 2020 and go up six to eight times from 2015 to 2027. The last report says that from 2013 to 2018 the US government will not be able to pay the interest on the deficit and they will print more money to pay the deficit, pay stimulus plans and defalutate the deficit by inflation. So in the US I am very bullish on the devaluation of the dollar and the jump in Real Estate prices the second half of this decade. Canada will not rise as much.
MrAlanKendall 1 year ago
Alan,
Do you know about Harry S Dent? In case you don't he talks about how demographics drives markets.
Do you have any thoughts on echo boomers and how it wil affect housing?
Thanks for posting your kick ass videos.
My mother and I are in the rental business.
eatandtravel 1 year ago
@eatandtravel
Real Estate will quadruple in price between 2015 to 2020 and Real Estate will go up six to eight times in price between 2015 and 2027. Take advantage of the low rates and leverage by buying at low prices from 2011 to 2016.
Two things will cause this sudden rise. First foreclosures will dry up 2015 or 2016 with the population increase and a new housing boom will occur.
Second the interest will be too high on the deficit and the US will print money causing more inflation.
MrAlanKendall 1 year ago