Of all the people on UA-cam, you give the best insight into economics situations. You explain what is the cause and the potential effects in very plausible manners. So many epiphany moments.
What, those blighted cities aren't already evident? A friend and his family went down a nostalgic tour down the West Coast recently from Seattle down to Orange County. He felt it was a waste of time and money when he saw all the beautiful spots he used to know simply defaced beyond recognition. He knew he had made a mistake when their rented car was stolen.
@@thinkingtoomuch7974 Back in the early 1990s, we had a lot dystopian movies, like Prayer of the Rollerboys, Escape from LA, and others. Looks like that has become a reality.
This is how americans "repo" & "force buying cheaply" against Foreign investments coz the one who are allowed to buy in $1 value is for american entities only....look back at history, u guys will noticed this...😊
Their time is over.They are desperately trying to hang on to their past glory.In another 10 years it will be obvious. You will see this when immigrants who have built houses and started businesses back home start fleeing in droves.
They asked for it... threatening to seize Russian assets and ROB their money is a warning to any other country to quickly get out. Never know when desperate greedy US and its lapdog countries will look for excuses to grab other nations' assets.
Another looming issue is regional debt. Cities and regional councils brrowed heavily for infrastructures. Those infrastructures have many ongoing costs and as the economies pull back, these assets will be left unused, unmaintained and un paid for. Our economies will resemple swiss cheese
This problem has a 2000 year track record (minimum). Banks not having any reserves! Junk Bonds as "Reserves"? The U.S. Government debt / bonds, notes / bills what ever, the issuer is fully bankrupt by any measure. Even to hold U.S. Dollars as reserves with now a every high probability of ongoing high inflation is less then ideal.
The Terribly Complex Law of Unintended Consequences in Finance. “Oh, what a tangled web we weave when first we practice to deceive.” - Sir Walter Scott To add yet another metaphor to the mix: The chickens are coming home to roost.
China is the future. I was simply amazed when I visited. Difficult to be satisfied with living in the USA after seeing what I saw. Who wants to live in an old and shabby country?
@cuzIjust the Americans have been brainwashed like the baby boomers all over the world subtlety by Hollywood , the missionaries and everything west till most are convinced that the west is the best. The colonies of the UK suffered the most. The countries like HK , Malaysia , India and Singapore . But the worst impact being Singapore where they are even rejecting their ethnicity .
@@michah321 China ancient and the US is better you're such a trumper. Yes it's nice to live in a country where all the infrastructure is at least 100 years old. No high speed trains, all major highways full of potholes, bridges old and falling down and streets filled with homeless drug addicts where crime rate is super high and best of all the zero dollar purchase where anyone is permitted to walk in to the store and take anything they like for free. In other places it's called shoplifting but in the US it's free shopping. Yes very modern and prosperous country. Please do not go to China and pollute their society just stay where you are and wallow in all that goodness .
I have a hunch. The 75% off is base on the capital put in. Not the purchase contract price. Sort of take over the original buyer's loan. So the problem is still there.
@@samsearle4433 Bullshit, they are movie sets for the so-called "foreign vloggers" (namely paid CCP shills) to act "how great" China is. It is all fake.
@@bizhope007 don't know. Travelled much more in China than US. All I can say is that China still has a fair way to go before it's anywhere near as nice as Australia.
Short term profit driven speculation high leveraging brought in inflated valuations that are unsustainable, so deal with the unchecked greed below this surface, after all you enjoyed decades of profits, it’s time to pay up.
So Mr Trump is charged and convicted in a stated political action by the prosecutor in New York while he actually made Deutsche Bank and his investors a large profit. But the same banks can choose not to recognize the actual value of their assets … and it’s legal …ok ??? Yes that’s a true Oligarchy in action😂😂😂
I thought about this and the remote working is here to stay, so commercial office space is no longer needed. Therefore the obvious solution is to change the terms of usage from commercial to residential. Obviously there's a cost to that but people will pay to live in CBDs, you could argue they are usually one the most attractive parts of a city.
Permitting capital to go so deep into equity will go down as one of the biggest blunders a government made in history. It's like commercializing oxygen.
As a boomer I have witnessed several ups and downs in the economy. Smart people invested or saved during tough times so will be prepared for the next downturn!
As a boomer I have witnessed several ups and downs in the economy. Smart people invested or saved during tough times so will be prepared for the next downturn!
Gentleman, money does not disappear. Don't say that fallacy. It ended up in some pocket, safe, bank account or when purchasing something. Thus they continue to promote that in the crash of 1929 the investments made on Wall Street disappeared. No, Somebody took them to another place surreptitiously.
Well, thank you for your money China, how many people live in houses that still have dirt floors? We have homeless living on the dirt, from fentanyl coming from China. Remember China is centrally planned, not a free market. China is six decades behind in organizational, and bureaucratic experience.
not convonced about your ===its aproblem for everybody argument i am a retired individual i can no longer afford to pay rent in the U>S> much less purcase ahouse so no yousee problems i see oppourtunity ------------------- the inflation is caused by corporate greed se BERNIE AND ROBERT REIACH keep up the information but i now know your right wing propensity ---- good and bad
Thank You Sir, I learnt Capitalization rate. Very practical approach in deciding to purchase Real Estate or not. Very few sources of real state of real estate. Where I stay in West coast India in an enclave called Goa, there is RE madness, all North Indians have driven prices beyond reach of locals creating a social problem of displacement of local population.
The better question is why are none citizens able to own our land. Why can a foriegn pension fund own anything. And why can a country the media tends to paint as an enemy able to purchase anything in our country through shell companies.
And foreign country not hold America property should never been able to own in the first place But CEO and rich just wanted to get paid so they sold and small public had to pay for it
Wait selling high no one can buy or renting high so everyone homeless is bad. But when prices go down and is affordable is also bad!!! What the hell are you talking about?
It's only a problem for those who bought high and raised rent high. Also there are contract shenanigans with NYC commercial property lending contacts. The loan is based on highest possible earnings for rent. There are penalties for renting for less. The owner has to pay the difference. For the lease agreement.
Well known that commercial and even retail to a lesser extent are in some real demand difficulties. Industrial and residential are solid and booming. In Canada they started converting commercial buildings to residential.
In NYC they bused tens of thousands of Invasive migrants in to create a need for empty office space. To alleviate the bad investment in real estate by well-off millionaires, the tax payers and infrastructure workers are forced to pay even more to support the leeches.
Basically dude,, the chinese need cash and selling cheap. Prices were high with chinese demand, and that has evaporated. Dude, did you really think that house was a million dollars?😎
I believe inflation comes from huge deficit spending by the government. The Fed Reserve jacking up interest rates are not gonna get inflation down to 2% … unless they create a severe recession. The central banks appreciate the Fed driving their competition into insolvency.
Here’s a clue to the agenda. Yellen testified in public hearings the central banks would be protected but not necessarily regional and smaller banks. Her statement will make bank runs more likely as people decide to move their deposits to the safety of central banks.
a few ago i had to talk to an usgs mineral economist about the pricing of magnesite during the conversation she told me that the us used to have mining in the us but over the course of some years china kept lowering the selling price of this material until they put all the miners out of business in the us none left at that time and then china raised commodity the prices back is this the same story?
Grab your ankles people this is gonna be a ROUGH ride starting with the lower and middle class getting hit the hardest. Soup kitchens instead of fast food restaurants.
First, please show the evidence that Canada is selling NY property for $1. I don't think you can. Second, are you completely devoid of reality. Trump was sued by the state of NY because of TAX FRAUD that has been very clearly demonstrated in the courts over and over again. Yet, you state that people don't know why he is being charged? No wonder you have so few subscribers. By the way, which government propaganda agency are you working for?
Scary with so many shaky things in the economy, real estate, stockmarket bubble and what happens if the U.S. treasury bonds are no longer considered risk-free?
People need to understand that raising rates is far from the only thing the Fed can do to combat inflation, plus raising rates is as inflationary as it is counter inflationary.
The fact that employees threaten to quit their job if they are ask to work in their offices then let them quit and see if they can find another job to support their family. I am tired of these lazy employees so is this why there are so many homeless people in US cities?
This is clearly the consequence of the real estate problem in China. It is quite parallel to the Japanese real estate bubble in the 1980. Japanese first bought a whole lot of real estates in the US, the Chrysler building, golf courses…. only to be sold at half prices when the economy of Japan got into recession.
@@shambalkaran9258 Read the article by Theron Mohamed, Feb 16 2024 on Business Insider, titled “Commercial real estate is in big trouble- and the problems may have major financial fallouts”
@@shambalkaran9258 Read the article “Commercial real estate is in big trouble- and the problems may have major financial fallouts” By Theron Mohamed. Published by Business Insider on Feb 16 2024.
I think the Chinese are selling because they are being targeted. They also saw what happened to Russian assets when a war commences. If a war happens in Taiwan, the Western governments will confiscate all assets from China.
Do you think it’ll drop to the same level of 2.5% to save the commercial real estate landlords? Loan payment is the expense side, the income side has dropped dramatically due to working from home. May to June interest rate drop if it even happens will be too little and too late for many landlords.
One of the most informative Channels on UA-cam. Straight to the point, no fluff.
no fluff, but slow. Best viewed at 1.25 speed.
Please lie and give us hope, the truth we can’t handle
This guy is an agent for the Chinese communist party
this is bigger than 2008
100 times bigger derivatives are over 100 trillion
Of all the people on UA-cam, you give the best insight into economics situations. You explain what is the cause and the potential effects in very plausible manners. So many epiphany moments.
You will see a lot of blighted cities across America as the investment money dries up.
The blight has been here for decades.
We specialize in it and are only too happy to share it militarily.
What, those blighted cities aren't already evident?
A friend and his family went down a nostalgic tour down the West Coast recently from Seattle down to Orange County. He felt it was a waste of time and money when he saw all the beautiful spots he used to know simply defaced beyond recognition. He knew he had made a mistake when their rented car was stolen.
@@thinkingtoomuch7974 Back in the early 1990s, we had a lot dystopian movies, like Prayer of the Rollerboys, Escape from LA, and others. Looks like that has become a reality.
It'll spread throughout @@SamMiller-x4f
This will trigger financial contagion .....
Hyperinflation for America.
Thanks for watching. Be good!
This is how americans "repo" & "force buying cheaply" against Foreign investments coz the one who are allowed to buy in $1 value is for american entities only....look back at history, u guys will noticed this...😊
Kevin, thanks for confirming that the ship is sinking. 👍
US and Europr are dying economically.
The Biden government seems to believe wars can save US by destroying real competition.
They're doing it to themselves
Their time is over.They are desperately trying to hang on to their past glory.In another 10 years it will be obvious. You will see this when immigrants who have built houses and started businesses back home start fleeing in droves.
Everything in the universe operates in cycles.
Plants.
Human lifespan.
Human birth.
Civilizations.
Economies.
The cycles are constant.
They asked for it... threatening to seize Russian assets and ROB their money is a warning to any other country to quickly get out. Never know when desperate greedy US and its lapdog countries will look for excuses to grab other nations' assets.
Another looming issue is regional debt.
Cities and regional councils brrowed heavily for infrastructures.
Those infrastructures have many ongoing costs and as the economies pull back, these assets will be left unused, unmaintained and un paid for.
Our economies will resemple swiss cheese
good independent thinker
This problem has a 2000 year track record (minimum). Banks not having any reserves! Junk Bonds as "Reserves"? The U.S. Government debt / bonds, notes / bills what ever, the issuer is fully bankrupt by any measure. Even to hold U.S. Dollars as reserves with now a every high probability of ongoing high inflation is less then ideal.
Informative. Thanks for sharing.
Should be happening in the NATO allied countries as well to prevent illegal asset seizures
It's china doing the "de-risking" not the US.
The Terribly Complex Law of Unintended Consequences in Finance. “Oh, what a tangled web we weave when first we practice to deceive.” - Sir Walter Scott To add yet another metaphor to the mix: The chickens are coming home to roost.
China is the future. I was simply amazed when I visited. Difficult to be satisfied with living in the USA after seeing what I saw. Who wants to live in an old and shabby country?
The indians and the Filipinos can inherit the US.
@cuzIjust the Americans have been brainwashed like the baby boomers all over the world subtlety by Hollywood , the missionaries and everything west till most are convinced that the west is the best. The colonies of the UK suffered the most. The countries like HK , Malaysia , India and Singapore . But the worst impact being Singapore where they are even rejecting their ethnicity .
China is ancient!! And we love the US so whatever, go live there then.
@@michah321 China ancient and the US is better you're such a trumper. Yes it's nice to live in a country where all the infrastructure is at least 100 years old. No high speed trains, all major highways full of potholes, bridges old and falling down and streets filled with homeless drug addicts where crime rate is super high and best of all the zero dollar purchase where anyone is permitted to walk in to the store and take anything they like for free. In other places it's called shoplifting but in the US it's free shopping. Yes very modern and prosperous country. Please do not go to China and pollute their society just stay where you are and wallow in all that goodness .
@@wh4uf I'm 10000% a Democratic. Being a Democrat doesn't mean you have to have your snoot up China's behind.
Somebody bought at 75% off!! There is always a buyer if the price is right!!
I have a hunch. The 75% off is base on the capital put in. Not the purchase contract price.
Sort of take over the original buyer's loan. So the problem is still there.
@@ramonching7772 Its from the most recent or relevant high.
It could even be 90% off if the neighbourhood is full of Fentanyl addicts walking around in Zombie mode.
@@thinkingtoomuch797499% . Zombies will take a cent happily as long as they get supply
china has more than 700 big cities ,all ,clean ,modern , friendly and freedom visiting cities ,welcome to china for visiting
China is awsome, greetings from pakistan.
China does have nice cities for sure. But you don't have to travel far from those to see something completely different.
@@samsearle4433 Bullshit, they are movie sets for the so-called "foreign vloggers" (namely paid CCP shills) to act "how great" China is. It is all fake.
@@samsearle4433Like with US cities that still don't look as good as the Chinese cities. Look at the chronic homelessness in US cities.. So👀👀👀
@@bizhope007 don't know. Travelled much more in China than US. All I can say is that China still has a fair way to go before it's anywhere near as nice as Australia.
Short term profit driven speculation high leveraging brought in inflated valuations that are unsustainable, so deal with the unchecked greed below this surface, after all you enjoyed decades of profits, it’s time to pay up.
Very well explained
So Mr Trump is charged and convicted in a stated political action by the prosecutor in New York while he actually made Deutsche Bank and his investors a large profit. But the same banks can choose not to recognize the actual value of their assets … and it’s legal …ok ??? Yes that’s a true Oligarchy in action😂😂😂
China has all the Gold.
40,000 tons, Russia 15000 - 18000 Tons
The us can keep all their useless printed dollars for themselves.
Indian people. No one touches that.
Golden rule… he who has the gold makes the rules
@@UPdan Indian gold are in private hands. The government of India cannot have possession of most of the gold in India or there will be a riot.
Everything in US is hanging by the threads.
Or cable tie and duck tape.
@@wh4ufslowly rotting. Impending doom
Yes
Yes
We're doing fine
I thought about this and the remote working is here to stay, so commercial office space is no longer needed. Therefore the obvious solution is to change the terms of usage from commercial to residential. Obviously there's a cost to that but people will pay to live in CBDs, you could argue they are usually one the most attractive parts of a city.
Permitting capital to go so deep into equity will go down as one of the biggest blunders a government made in history. It's like commercializing oxygen.
You just wait
Watching Kevin, I've gained a lot of respect for how economists think and analyze.
I love listening to your brilliant commentaries Kevin!
Simple and to the point!
A breath of fresh air!
Blessings from Australia.
Well informed intelligent analysis of the US property market. Sure beats reaerch houses of the big banks.
they will do more online ,these properties are expensive to maintain...
Appreciate your insight.
City pushed these Covid rules!
OMG Selling Santa Monica property at 75% off. That's the area where the filthy rich lives
What's happening to America
Third world status very soon with open southern borders. Let's go Brandon!
As a boomer I have witnessed several ups and downs in the economy. Smart people invested or saved during tough times so will be prepared for the next downturn!
As a boomer I have witnessed several ups and downs in the economy. Smart people invested or saved during tough times so will be prepared for the next downturn!
I noticed Chinese bought tons of low quality properties in NY state with high property tax ten years or longer ago!
Can nt the like of black rock scoops up these cheap commercial real estate and turn them into flats, there s still a huge demand for housing right?
Smart cities on the cheap👍
Not at the prices Blackstone plans.
yes andNo some prefe TENTS
@@yingxu7908 😆😆😆
Less and less people with money to burn, BIG RENTS are gonna be hit big.
Look at the Shanghai composite
6000 in 2010
2900 in 2024
Now there is a Tragedy!
Their stock market has been dead in the water for decades. China is in a pool of shit.
🙏🙏👍🌷
Gentleman, money does not disappear. Don't say that fallacy. It ended up in some pocket, safe, bank account or when purchasing something. Thus they continue to promote that in the crash of 1929 the investments made on Wall Street disappeared. No, Somebody took them to another place surreptitiously.
Kevin, let's improve the audio.
BlackRock gonna buy them all :)
What is this preoccupation with foreign investors? Where are American investors?
Broke.
They all buy with debt.
When’s the last time you heard about “Americans buying in cash”.
It’s over.
They invest in AIPAC
@@thinkingtoomuch7974the Jews surreptitiously sold off this country and cut out Anericans
Well, thank you for your money China, how many people live in houses that still have dirt floors? We have homeless living on the dirt, from fentanyl coming from China. Remember China is centrally planned, not a free market. China is six decades behind in organizational, and bureaucratic experience.
not convonced about your ===its aproblem for everybody argument i am a retired individual i can no longer afford to pay rent in the U>S> much less purcase ahouse so no yousee problems i see oppourtunity ------------------- the inflation is caused by corporate greed se BERNIE AND ROBERT REIACH keep up the information but i now know your right wing propensity ---- good and bad
Thank You Sir, I learnt Capitalization rate. Very practical approach in deciding to purchase Real Estate or not. Very few sources of real state of real estate. Where I stay in West coast India in an enclave called Goa, there is RE madness, all North Indians have driven prices beyond reach of locals creating a social problem of displacement of local population.
The better question is why are none citizens able to own our land. Why can a foriegn pension fund own anything. And why can a country the media tends to paint as an enemy able to purchase anything in our country through shell companies.
And foreign country not hold America property should never been able to own in the first place
But CEO and rich just wanted to get paid so they sold and small public had to pay for it
Wait selling high no one can buy or renting high so everyone homeless is bad. But when prices go down and is affordable is also bad!!!
What the hell are you talking about?
It's only a problem for those who bought high and raised rent high.
Also there are contract shenanigans with NYC commercial property lending contacts. The loan is based on highest possible earnings for rent. There are penalties for renting for less. The owner has to pay the difference. For the lease agreement.
and who's the person who ended up buying it for $1? crocked AF.
The United States is becoming uninvestable for a lot of reasons.
TRUMP , YOUR DISRESPECT TOWARDS CANADA IS COMING HOME TO ROOST ,ONLY THE TIP OF THE ICEBERG WE NEVER FORGET
This problem he is describing is a known. It will be dealt with.
Lowering interest rates now will increase inflation and further inflate the bubble.
USA still hv plenty of Money to support W A R..
I would holiday in China over the u s , insignificant you say ? I think it says it all !
Good work. Very informative.
Thanks Truedoo doo you screwed Canada again
Well known that commercial and even retail to a lesser extent are in some real demand difficulties. Industrial and residential are solid and booming. In Canada they started converting commercial buildings to residential.
In NYC they bused tens of thousands of Invasive migrants in to create a need for empty office space. To alleviate the bad investment in real estate by well-off millionaires, the tax payers and infrastructure workers are forced to pay even more to support the leeches.
Basically dude,, the chinese need cash and selling cheap. Prices were high with chinese demand, and that has evaporated. Dude, did you really think that house was a million dollars?😎
Treasuries are not risk free. There is pol it ical risks.
let's see who has ghost cities in 10 year's lol
Most definitely China
Every thing is good un tell the election
I believe inflation comes from huge deficit spending by the government. The Fed Reserve jacking up interest rates are not gonna get inflation down to 2% … unless they create a severe recession. The central banks appreciate the Fed driving their competition into insolvency.
Here’s a clue to the agenda. Yellen testified in public hearings the central banks would be protected but not necessarily regional and smaller banks. Her statement will make bank runs more likely as people decide to move their deposits to the safety of central banks.
They just wanted you to stop printing dollars but earned them!
Who pays that guy?
a few ago i had to talk to an usgs mineral economist about the pricing of magnesite during the conversation she told me that the us used to have mining in the us but over the course of some years china kept lowering the selling price of this material until they put all the miners out of business in the us none left at that time and then china raised commodity the prices back is this the same story?
Need tariffs to protect own industries.
Grab your ankles people this is gonna be a ROUGH ride starting with the lower and middle class getting hit the hardest. Soup kitchens instead of fast food restaurants.
Why are Chinese buying USA farmland ...?
Trying to continue to watch your video post.
First, please show the evidence that Canada is selling NY property for $1. I don't think you can.
Second, are you completely devoid of reality. Trump was sued by the state of NY because of TAX FRAUD that has been very clearly demonstrated in the courts over and over again. Yet, you state that people don't know why he is being charged? No wonder you have so few subscribers.
By the way, which government propaganda agency are you working for?
Sunmary of this presentation: the pot calls the kettle black.
Hey it's the guy with the interesting ex-pat takes but then the creepy Christian brainwash audio at the end of his videos
For China, it’s called divesting 🤣🤣🤣🤣🤣🤣
im mesmerized by the waves of the sea glistening behind you.
Good luck ,times always changing.
🌃
Musical chairs… who will be left holding the bag 😂
Wrong. Cities don't make money on rents. Or taxes in rents.
No problem, aliens will buy.
this talk is better with lofi music in bg
Cities have promised too much in city employees benefits.
to
Scary with so many shaky things in the economy, real estate, stockmarket bubble and what happens if the U.S. treasury bonds are no longer considered risk-free?
Taking US Treasury bonds is suicide.😊😊😊
People need to understand that raising rates is far from the only thing the Fed can do to combat inflation, plus raising rates is as inflationary as it is counter inflationary.
So then is pointless the FED does nothing.
Invest now in US and Canadian REITs for great returns!
Don't do it, tons of empty office buildings in major cities
The situation is dire.
😂🤪😁😃🤣
....
The fact that employees threaten to quit their job if they are ask to work in their offices then let them quit and see if they can find another job to support their family. I am tired of these lazy employees so is this why there are so many homeless people in US cities?
It's partly to do with an aging population
Boy stop!! People are not lazy. People just now want work/life balance and want to spend more time with their families.
The Chinese must be taking a lot of losses.
That $1 trade looks like a typical cross-border property exchange
They can afford it
Better than losing it all through illegal asset seizures
@@brianlowe3529 Yeah they could....NOT!
This is clearly the consequence of the real estate problem in China.
It is quite parallel to the Japanese real estate bubble in the 1980. Japanese first bought a whole lot of real estates in the US, the Chrysler building, golf courses…. only to be sold at half prices when the economy of Japan got into recession.
Keep blaming others instead of finding the source of the problems
@@shambalkaran9258
Read the article by Theron Mohamed, Feb 16 2024 on Business Insider, titled
“Commercial real estate is in big trouble- and the problems may have major financial fallouts”
@@shambalkaran9258
Read the article
“Commercial real estate is in big trouble- and the problems may have major financial fallouts”
By Theron Mohamed.
Published by Business Insider on Feb 16 2024.
I think the Chinese are selling because they are being targeted. They also saw what happened to Russian assets when a war commences. If a war happens in Taiwan, the Western governments will confiscate all assets from China.
The problem is greed. US, China, it doesn't matter. It's human nature and it has been and always will be operational until Jesus returns.
May to Jun, interests will drop
Hey Jerome Hayden Powell I did know you nick name is dicky
Do you think it’ll drop to the same level of 2.5% to save the commercial real estate landlords? Loan payment is the expense side, the income side has dropped dramatically due to working from home. May to June interest rate drop if it even happens will be too little and too late for many landlords.
It's May already, and no move yet. And with new statistics available - they won't drop rates this year
And inflation will get worse.
Add dedollarization to that, US$ will be worth less than Indian Rupees 😂
The US makes fun of Turkey for dropping interest rates amid inflation.
As if the US fiscal policies are the paragon of good governance! 😂
Should we blame the Chinese again?
are you missing fact that US has to pay more interest to get others to buy their debt?