Відео

Ok. Maybe the "TV"? Heard it been called that, too. But just Boise? Don't offend the suburbs. 🤣

Thanks, Dave! Appreciate it!

Thanks! I appreciate the compliment!

Thanks, Chris! Hope all is well for you and your fam, bro!!

Not Harris Ranch I saw a ton of Harris signs out there

Hey! Been a while! Hope all is well. In what way?

@@MikePetrasMPRE Thanks! I wish the same for you. Well, here in southern California things continue to keep getting more divided. Many of my lib-friends are now talking with more hatred towards the right. All while we remain silenced or else. Now that 90% of the freethinking-conservatives have moved away to places like Idaho, it's near impossible to find similar friends here. So we've decided to hunker down and stay focused on our path to freedom. It's only going to get worse as the election comes up and who knows what's going to happen after that. I have thought over many scenarios in my head if either one gets in the WH. I honestly think that our economy won't be a priority for either. I think the reason why most people are moving there is because they are political refugees.

Hahahaha!!

Thank you so much!! I really appreciate the compliment! If I can ever be of service, please feel free to reach out 😁. God Bless!!

Hey Sauce! Hope all is well! Thank you so much for the great feedback! It's appreciated. If I can ever be of assistance in your Real Estate needs, please feel free to reach out! Thanks again :).

@@MikePetrasMPRE I definitely will 😁

Very American of you. Land of the Free... according to 👆 this guy. I give info on cities. It's my job. Karen somewhere else. If you need to be negative, Yelp is a good place to start. lol

If someone wants to move to Payette, they can. They don't need you're approval. Just saying.

I really don't give a fugg if it's "very American" of me. Our country is declining fast, so I don't harbor patriotism for a corrupt system🤷‍♂️ It's where and the proximity that matters. And like it or not, YOU are part of the problem of why Southern Idaho is unaffordable, crowded, polluted, etc. I'm not alone on that either. Your channel sucks and is small thank gawd. You're literally profiting off the misfortune of Idaho residents by encouraging this. It's immoral, literally, to not care about your neighbors and people in the community. You compound the problem, for some money. It's selfishness, with the disguise of help.

Traffic has been increasing everywhere. Not just Emmett. I live in Star, more complaints here, lol!

This is true.

Maybe I'm missing something here? 1T is added to the national "debt" every 100 days, basically. But 1T in interest payments on Treasuries every 100 days? Dave, this nation would have defaulted a long time ago, if so. I'll agree, we need to stop printing money, but it doesn't pay off the treasuries... it makes more treasuries that the US market needs to sell to investors. It's not good for the Treasury markets at all. But will Govt. ever budget...?? Hahaha. We know the answer to that, don't we, my friend.

It's not implemented yet, but if we get 4 more years of the same... it's coming.

This is semi-true. There are always entrepreneurs. It's how the rich became rich.

Agreed! We'll said. Thanks for the comment!

You're right. WWWAAAAAYYYYY to much red tape.

Right?!?! I've been at it for almost 4 years. Finally, getting some credit. Lol! Thanks for the comment and Subscribe!

Can't argue that. ...we do have Consitutional protections, but will the people ever use them?

Federal Taxation is only legal during an emergency or during war.

@@RipliWitani Wish that was still the case. The unraitifed 16A changed all that!

@@RipliWitani We end up in jail regardless.

If you owned the house that made 500k in 2 years, you'd be singing a totally different tune. Lol! Do you think higher taxes help stabilize the economy? ... while I'll say housing is expensive for your average American, cause it is. Increasing taxes most certainly WILL NOT fux a supply and demand issue. Supply needs to vastly increase to level the playing field. If taxes exhorbinatly rise, and the corporate REITs backed by the Big 3 buy a majority of the hosuing in the US. Homeownership will become a thing of the past for all Americans.

House hacking is very smart! Thanks for the comment!

Yep! Tough choice, eh?! Lol

Got that right!

Underrated comment!

Thank you!

Correct. See below (or above).

Yeah. Your confused. No worries! Say I bought the house for $200k, 10yrs ago. And I'm single (not married). Sold it for $1m. Made an 800k capital gain. Then after the 250k "single" tax exemption, if I live in the home 2 out of the last 5. Then I made a "taxable" (net) profit of 550k. 550k is above the 20% capital gains tax threshold, plus has the NIIT. So 23.8% capital gains tax total on 550k. 😁

Need to keep the cheating down to a bare minimum. Lol

Oh...100%! Thanks for the comment!

Yep

Agreed! Well said. Thanks for the comment!

Thank you very much! Glad you enjoyed it!

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@@MikePetrasMPRE Once the deaths really start taking off over the next three winters,the supply should greatly increase.

@@rentslave Ahh! Gotcha. I'm not doubting that to become a reality.

They certainly can't. And the Big 3 don't care. They'll flood money at it.

Yes I have, actually. Missed the deadline..Thank you, Bob! I appreciate the compliment

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They must have had an interesting relationship. Cause Fink just tried to kill him. 🤷😆. 5% is 95% of S&P to be exact. They have a lot of control. Number is probably bigger. Thanks for the comment! Well said.

Well said! Thanks for the comment!

Agreed, and thank you for the insight into the stock markets! Great comment! 😁 Thank you as well for the compliment on the video!

@@MikePetrasMPRE Thank you :) will follow your channel

@@zmkarakas Thanks! It's appreciated!!

I see that you added on. Very well said! The Fed and the Government TRULY inhibit the markets to be free and play themselves out. And its always government intervention that doesn't let it play out. Got to save them votes...amonst other things. I can't stand the hand in hand relationship. This time through (real estate)...also agreed. The residential side will be much harder to push. Although it is pushing itself right now, for a variety of reasons (inventory). Like lifestyle changes and basic cost of living. So the "shortage" is shifting. But you're right, as a whole and over the years compared to population, housing supply is down. Anyways...back on point (lol)....the broad sword of the Federal Funds Rate has already had a tough time breaking the back of RE. And with the elemination of predatory lending, it going to take astronomical unemployment levels to create another 08'. It isn't going to stem from a laxidazical MBS market. And with the asset being the mortgage itself, most Americans will sit as pretty as they can, for as long as they can. I actually think that the Goverment and the Fed are working hand in hand to create disruptions in the RE Markets. It's one of the last bastions of wealth in the US for middle and even some lower classes! Why have the banks lose money to the average "possessed" low interest rate mortgage and a high Federal Funds Rate? For example, the DOJ has been pushing against NAR. A basic push against effective Real Estate transactions. Also, the FFR itself... holding it for longer. Not to mention inflation. People living off credit. All receipes for created disatser. You're absolutely right. I'm actually quite worried about the stock markets. The S&P is most defintely bubbled. The asset markets and their precious banks are the Fed's primary concerns...agreed! Its unfortunate that the BS hand in hand relationship always plays its part to affect us "plebs." Its quite sad, actually. Protect their assests while burying the poor. Sound a lot like a socalistic State push, if you ask me.

Well, what it really gives sellers is a HUGE "asset." That would be the mortgage itself. Can't blame the homeowners that purchased when interest rates and home prices were low. I also wouldn't really say that the sellers' mortgage and equity give them "leverage." Why? Because they are subject to competition when they try to sell. Which they are seeing as we speak. Supply and demand. If they could sell their set mortgage along with the sale, then yes! You'd be most definitely right! That would give them MASSIVE leverage. Who wouldn't fight for a 3% mortgage right now?! See where I am going with that?... However, they can't. Unless it's a VA loan. VA loans, in cases, being assumable. Im guessing though that you meant "leverage" by the fact that their mortgage is an asset, and they dont have to go anywhere (they dont have to move). So, just to recap. Because they have a low mortgage interest rate and equity doesnt mean that they are not competing with anyone else in the markets when they go to sell. What it does mean, though...and I believe th epoint your trying to make, is that they can sit pretty with the mortgage being the asset itself. Which you said. You're right. It limits home availibility in the markets for sure. That's not good for home prices, or for banks. Trust me, the banks HATE the fact that the Federal Funds Rate is 5.25% to 5.5%, and the average mortgage is sitting at about 4%. It means their losing money. It also means that they are going insolvent. That's a bad thing for us all. The question would be then, why didn't more take advantage of the GOOD times when they were here? Turst me, I know of many that thought the markets were going to crash back just a few years ago, too! Will the good times come back around again in the markets? Yea, but its going to be sometime now before that happens. While I will agree with you on the stagnation of wages (most definitely), I hate to be so generalistic in this response... but if one is not making the money to survive, or excel... then its hustle time. The money is not going to fall into someone's lap. An trust me, the Government want you working more anyways. It means more tax revenue for them. Sad. If home prices come down another 20%, and the interest rates came down with them, then if someone didn't do everything they could do to get into a home, they would be foolish. That 20% decline in home prices would deminish quickly as buyers would surge into the markets (you're right), but the window would be open for a vast number of buyers in the US. Again, you'd be shocked how many had this window open before the pandemic and did nothing about it. The real estate markets are not easy... and never have been. Under any economic situation. As far as the renters market... well... if we have another major crash. Like an 08' style crash. Then you'd be right, again. But not in the way you think. BlackRock, Vanguard, and State St. would just come in a swoop up a majority of the homes in the US. Since there is no legislation preventing against it. And with a $22T pruchase portfolio... then welcome to a nation of Renters. I'm just saying. Thanks for the comment!

Yep

???

I've never heard of project 2025. I'll have to see what their talking about.

You're not wrong.

Yep. Got that right.

@@MikePetrasMPRE Mike, how do we get Idaho Politicians to put protections in place for us against this Communists Central government grab? I wrote three of my reps from district 6 and mentioned this issue among a few others. Non of them wrote me back.