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⚠️⚠️⚠️#RealEstate #Crash #Crisis ⚠️⚠️⚠️
Over 30% of tenants did not make their payments in July. 8.3% of homeowners are in forbearance meaning they’re not making their payments. In this video, we’re going to analyze whether or not there will there be a housing market crash in 2020 or 2021. First, Why does it seem like the housing market is bubbling up? Is it really just because of interest rates or why is the housing market growing so fast? What about the eviction crisis or mortgage crisis that could lead to a flood of foreclosures? And heck, what about the potential capital gains changes? Let’s analyze these scenarios now including what to do to take advantage of when the housing market might crash.
00:00 The Coming Crisis
01:41 The Current Bubble & Rule of 10x.
05:53 Danger 1: The New Law Crash.
10:29 Danger 2: An Eviction Crisis.
14:00 Danger 3: A Foreclosure & Mortgage Crisis.
15:10 What to Do.
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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Kevin’s videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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