✅Get Connected With Me And My Team - www.jebsmith.net/referral ⏪2024 Housing Market Forecast | Orange County Real Estate Market - ua-cam.com/video/Q-64wjI8wyI/v-deo.html 🏠 - First Time Home Buyer Course - www.becominghomewise.com ✅Subscribe to my local newsletter - bit.ly/48LJJp3
Same ol' same ol'... Home prices have historically escalated faster than wages. At one point answer was... send the women out to work... but we've hit the ceiling on that. So unless we send out kids to earn mortgage money... the cap is being reached. I said it in the 80's a young guy looking at houses for the first time... "If houses always go up more than inflation, and salaries do not keep pace with inflation... eventually who's going to be able to afford a home?" Well... OC is there... Simply put, you have to be rich to be here. I'm in upper 6% for personal income says the web... I can afford a 1500 Sq Ft shack built decades ago? It's just nutz. Essentially what your saying is, "Affordability won't get better"... Same ol' same ol' there... Rates go up prices come down... monthlies stay the same.... Rates do down, prices go up... monthlies stay the same. Only real answer is... "Have to earn above-the-class-gap income"... good luck doing that. Most of us can't. We weren't taught how to do that as kids, by the schools, the colleges etc.
Hey Jebb, really nice video ! I was wondering if I could help you to grow your channel by providing you with SEO Optimization , Highly Engaging Thumbnail + Video Editing and overall growth of your channel which will 100% help your channel grow faster ! Please Let me know what do you think ?
✅Get Connected With Me And My Team - www.jebsmith.net/referral
⏪2024 Housing Market Forecast | Orange County Real Estate Market - ua-cam.com/video/Q-64wjI8wyI/v-deo.html
🏠 - First Time Home Buyer Course - www.becominghomewise.com
✅Subscribe to my local newsletter - bit.ly/48LJJp3
Great video! Very insightful!
🙏🏻🙏🏻🙏🏻
Same ol' same ol'... Home prices have historically escalated faster than wages. At one point answer was... send the women out to work... but we've hit the ceiling on that. So unless we send out kids to earn mortgage money... the cap is being reached.
I said it in the 80's a young guy looking at houses for the first time... "If houses always go up more than inflation, and salaries do not keep pace with inflation... eventually who's going to be able to afford a home?"
Well... OC is there... Simply put, you have to be rich to be here. I'm in upper 6% for personal income says the web... I can afford a 1500 Sq Ft shack built decades ago? It's just nutz.
Essentially what your saying is, "Affordability won't get better"...
Same ol' same ol' there... Rates go up prices come down... monthlies stay the same.... Rates do down, prices go up... monthlies stay the same.
Only real answer is... "Have to earn above-the-class-gap income"... good luck doing that. Most of us can't. We weren't taught how to do that as kids, by the schools, the colleges etc.
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Hey Jebb, really nice video ! I was wondering if I could help you to grow your channel by providing you with SEO Optimization , Highly Engaging Thumbnail + Video Editing and overall growth of your channel which will 100% help your channel grow faster ! Please Let me know what do you think ?