July 11: INFLATION SHOCKER
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- Опубліковано 10 лип 2024
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The jobless numbers are so skewed that one has to ask the question- does it even really mean anything anymore? Even the Fed said the employment numbers are fake, basically.
Thank you
Sure inflation is down if you only count the cost of buggy whips and nothing else.
Lol
I watch most of your videos on my iPhone and the vertical format worked better for me 😊
Nice!! I need to find a way to stabilize it as I was literally holding my iPad
Thanks Zuber. Let’s go skool! So close to 200. Loved being a part of Old Guy REIs meeting last night.
Same here! Awesome
OMG, we bought some soda for a party, which we probably hadn’t done at least a year and was shocked by the prices.. no wonder they have sales issues.. soda is a luxury product now, lol
Good. Should be taxed into luxury status either way to reduce our nations health care costs
Ouch
BEST DAILY FINANCIAL NEWS!!!
It sounds like a few homeowners in Texas love their "For Sale" sign and enjoy talking to strangers...my best guess👍👍👍
Yes
I was at my states REI meeting so had to miss Frank's group. Next time Frank!
Nice
Great insight on the inventory over 200 days!! I would like to see where they fall along with the median sales price for this month and the last few.
Good question
Hi Mr Zuber I just finished reading your book .I hope someday I can own 1 -4 aproperties.Thanks for sharing your experience and knowledge.God bless
Hopefully you enjoyed it
will be interesting to see if shelter is actually down or rockily heading down.. if shelter has finally broken to MOM annualized~2% (or lower) that goes along way towards a low rate
Exactly
Will be interesting to see how many houses get dumped onto the market simultaneously by pent up sellers all waiting for a supposed price increase associated with the long expected rate cuts
@@SigFigNewton I think we are seeing some move up buyer like sales in the very bottom of our market this week.. will be interesting to see how quickly they go
I hope your call is right. I think that’s what it’ll take for long term heath.
I agree
Thank you Michael
Welcome
Great stale inventory stats on the Austin market. It would be interesting to see how this compared to pre pandemic times.
Good question
Great CPI read..!
My Brrrr hard money loan
Looking good to refi out with Convoy..!
Nice work
Great video as always.
Thanks again!
Was talking to a workmate... He started working in 78 at 1.86 per hour... I started in 82 at 3.35 per hour. Wages need to double today?
+30% gets us back to healthy I suspect
Michael do you still think the next 6 months will be slow for housing given the rate drop today?
Yes
I no longer trust any of these numbers.
Awesome
📰 🎩
Thank you
Whatever you say brother, everything is so expensive….
Correct. Everything is expensive because inflation has been terrible for three years. 0% inflation just means the elevated prices from the last three years stay the same, not go back to what they were.
Awesome
Hi Michael, are you still buying homes, or are you only focusing on multifamily 4+ units?
I like homes today