I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
I have to watch every minute. I will never buy another home at my age and stage. Hanging on your every word is in my interest for my children, for all mom and pops and the marginal people getting and keeping a roof over their heads. We stepped out of our marriage mortgage in 2005. Entered a contract for deed with plans to remodel for a rental. Not such a fancy property. 10 min from downtown tho. Im still here. I was disgusted with banks in 2000, so regardless I was happy to have them in my rearview. I was a successful small business until the fair trade act made my products like $70 barrels of oil. It's been a ride. Watching this economic train wreck is beyond disheartening. Thank you for both of yours dedication to the truth, legal efforts and education of us all. 👏👏👏❤️
There is merit to your thinking, but I would also challenge you to consider another perspective. Even if you rent, you're still paying the underlying taxes and maintenance, and you are paying into the property's equity. Assuming you are buying properly without your ego and dreams involved, you could have a small investment on your hands and some flexibility. Also, don't forget that you can write off some of those taxes. For instance, I live in NYC. I purchased an apartment for 187k many years ago. My tax and maintenance come to 1100, Now with my house paid off, I rent it out for 3200, and use the 2100 towards another condo (paid off). Maint and tax on the other condo is 3400, but I only pay 1300 per month because I have 2100 from my 1st prop. Also, I have another home upstate with a very small mortgage, and taxes are 1k per month. I rent that home short-term to a limited group and pay an average of 800 to 1k monthly. My total expenses for 3 props are 2300+700 utilities (cable, get, water). This is less than most in this city pay for a 1 bedroom rental, and there is over 2mm in equity i could tap into (Il sell before i tap equity). It ain't all roses. You must BE HANDY!!!! I do a lot to maintain my places (I like doing it, so it's not a big deal). Also, if I lose a renter, it will add to my expenses. Spent many years on a tight budget, with a small wardrobe, no need for a walking closet, and very little eating out. Equity ISN'T FREE MONEY. It belongs to the house, NOT ME. If you want the money you have to give over the house, simple as. I'm sure I will lose everything one day, but that will happen regardless. Right now, I rather enjoy and share the spaces available to me.
@@thadeouszeusI don’t think ninjas point was that only homeowners have expenses. His point was that you never actually own because failure to pay property tax results in loss of the property.
Part of what's drowning people is these horrible bank loans and compounding interest. Whe more that 75% of your house payment goes to interest you never get on top of things. It's criminal
I am holding off. Everything is overpriced taxes taxes and more taxes while they just keep getting richer and richer. Over valued homes and corrupt taxes are making it harder to buy a home.
I have an agent pushing me to buy! He is young and clueless. I was a realtor in the 2000s, and I am so sure Florida prices are insane and they are going down! I can wait.. I've lost before, not again..
15 year or 10 year loan is great. There's one thing you're forgetting. Most people can't afford that payment. I would think at least 70% of your listeners can't afford a payment at a 15 year loan. 😮 You would be much better off if you get a 30 year loan and just pay extra every month if you can afford it. It's safe. What you pay extra goes straight to the loan not the interest. If you lose your job you have less money to have to come up with. Unless you're wealthy get a 30 year loan. So when you fill out your income taxes and you get back that chunk of change you have to turn around and give it back to them plus more for property taxes.
That's because most people don't know your SIGNATURE paid for that house; it is illegal for banks to loan money and taxes are VOLUNTARY. Americans have been DEFRAUDED on a massive scale...❤️😇
@@TheDawnHasArrived Amen brother! Taxes were brought in to help war efforts. The government liked that money so much they decided they would keep stealing it from us.
Great videos ! I'm on board ! Wish I could help more. I work for a local government and gosh how they are robbing tax payers is crazy I don't see how they get away with it! And when you talk about getting rid of property taxes they get upset
It means "investors" are chopping at the bit to snap up real estate and make a profit. The only way to stop this is get rid of real estate investors so average people can buy houses
Investors came into Maine and bought up houses cash - then recorded them under LLC's owned by another LLC and called them multi-family. Many of these homes are sitting empty. Unoccupied during this winter is going to be interesting - we have been around 0 F for weeks - lots of frozen pipes that will leak all over the houses once it thaws.
Yeah that's really annoying have wealthy investors buy up properties with cash. I was watching a house I like where I've always lived on the west coast. An llc out of Cali bought it cash! And it sits empty, until I'm sure they'll open it in the summer as an airbnb 😒
I pay more for my escrow monthly for taxes and insurance then I do for principal and interest. Shameful! The insurance rates have gotten ridiculous as well. Something should be done about them too.
Overvaluating home values strictly for the purpose of raising taxes to far beyond the values the property substantiates,and marketing of homes ridiculously above any values the structure,or neighborhood view, or community income ratios substantiate,is nothing more than bank realestate market and the foreclosure criminal level greed and not those not having any criminal culpability for their pricing.
I've said it before, but I love the work you and Mitch are doing! It is cool to see Mitch laughing and joking more recently, even though he means business haha
G'day guys, in New South Wales ( state ) in Australia, you can build a " Granny-flat " without council approval, yes you still need to build to spec, and get it certified, but no local Government interference. Also the same state Government is talking about removing all building applications going through all local Governments in NSW, why, these local Governments are the most complained about of any other thing, period most complained with state Government, Obudsman, consumer affair's, go figure, inept Government worker's, who would of figured.
Grant what's your email? I am working with a company building 3d printed homes in Texas. I used to live in oz and looking to better understand what's going on with building in Australia.
The economy doesn't look good. My husband had more work in 2008 then he does now. He made 25k less in 2024 alone. Also I am seeing houses sit longer on the market and the mid to high range ones are mainly cash buyers.We bought our home in 2007 sold in 2015 to care for my widow mom. Now we can't afford to buy anything. Our old has more than doubled sense we sold it, we couldn't buy it back if we wanted to.
The people in Kentucky that has their homes up for sale. It’s $260,000 for three bedroom prefab home on 6 acres then starts going up to 34 and five and none of these houses are worth that kind of money the people in California New York. They’re all buying its nuts.
I just emailed the main video and the video with the Texas Representative to the Texas Taxpayers and Research Association, hope they reach out to you guys.
@realestatemindset what happened with those job revisions you shared yesterday that were supposed to be much lower? Revisions today showed more jobs created last month than anticipated.
Gentlemen, I think it would be worth your while and in your viewers interest to try to communicate the issue on flow of funds and how the delayed effect of not purchasing en mass actually lowers future demand in terms of spending power due to the fact that potential buyers actually have to shorten their time horizon for the mortgage (as an example, a 35 year old with a 30 year mortgage is different that what a 50 year old can afford over 15 years prior to retirement). On top of that, they have already likely further exhausted purchasing power through rent payments, creating a larger disconnect. And if they can't get equity, then they can't share equity with their children. It shows this is all a ponzi scheme
Largely because they refuse to transfer title to a private bank that they can hold as an asset and do business with you, on a 40/60 that's the whole enchilada on someone who's had a Heloc credit line on an estate for over 40 years!
You can get a 30 year loan and make it a 15 yr loan or even less & put more money every month or every other month to make it work. But you gotta have that money
Another real estate type who says if interest rates weren't so damn high prices would just go up forever. Interest rates are not high compared to historic norms , we are right in the zone, high was in the early 80's when they were over 15% when a guy like Paul Volker was serious about combatting inflation. The real problem is home prices in most places are too high. Historically average home prices were 3 1/2 to 4 times household yearly income now they are more like 5, 6 or 7 times or even higher in places like California. We must revert to the mean!
Mitch and Travis needs to talk to President Trump about their findings !!!🤔🤔😁 Since Trump has been in real estate they possibly could help us, the working people, with the housing problems !!! 🤔🤔
I think you are missing something very important with housing. In both Canada and the US, housing now make up the largest part of GDP. This keeps the economies moving, they will manipulate this to the end...
I am a little confused. I know this channel narrative is all about tax fraud, but how does sales prices going up have anything to do with property fraud? The prices went up based on everything else you said. I have never heard of a seller, agents or anyone listing prices due to the property taxes or property assessed value. I thought they all go off sales comps which means someone would have bought the homes that are comps and set the prices, not property tax fraud, right? Also, the biggest thing you missed on answering that, is Greed. Greed by sellers and agents. I can't tell you how many times you hear agents just listed for whatever the seller wanted and backed by no comps. They just said they want it, and someone will offer, or hey if they offer a little less they still win. I know Mitch talks about fraud a lot, but what about the greed of the normal person? In the south east, we saw a lot of people from Ca, Washington etc come in and offer cash way over listing prices. Those were now comps, had nothing to do with property tax fraud. I would say that greed by the buyers and the desperation many people had to get out of TX, CA, Oregon, and other states that are just not safe to live in went to the cheaper areas and over paid just to get the house
Average home price is 417k… why would you even buy? 30 year mortgage i know people aren’t making additional payments you’d need to sell that place for over $1million to even see a return?
Unfortunately, I disagree with the opinion that housing prices will be the same without property tax. Property tax is probably the number one reason the housing market still has a supply to average people because without it, people will hold the house or rent the house even if they have moved to other states. Let alone the big real-estate company will buy out all new selling willing to wait till the price comes up or rent to maintain or profit from the investment. At the same time, people who care about saving the property tax are likely those who are average buyers of daily goods which now will cost $7000 more in the sale tax so zero net saving per year for them. Even worse for the poor because they are the zero-saving people who are borrowing money to stay afloat. They will now obligated to buy food and water with $7000 more because they can escape the housing by packing up like sadin fish but they cannot escape food, water, and electricity.
Meanwhile, the US taxpayers spend way more money than our European and Asian peers but our score in math is pretty mediocre. This is partly because our teachers get very poorly paid on average and some have to work in cashier positions after class to pay bills. Teachers in US may get slightly better pay than European peers but they are relatively much poorer in US which is the brain drain to the professional that requires a lot of training and effort to graduate. Let alone compared to some assian countries where teachers are among the highest-paid professionals. How can they achieve this status for education is a good question and seems that nobody cares here and nobody cares about teachers quitting their job even if they are good and dedicated educators. That is why the good school district has such a high housing price because their teacher gets slightly higher paid and really have the energy to educate the students. Removing the property tax in this consideration could be a good thing to spread the tax dollars more evenly to different school districts. Again how the other countries achieve higher relative salaries for teachers? One key possibility is to make each classroom bigger typically >50 students per class thus the teacher is able to teach more kids. Unfortunately, this is not an option here because maybe a hundred years ago there is research said the optimal size of the classroom should be
Can we just stop talking about the wealthy the uber rich who cares! They will always have it cash or no cash NYC is not the country - nor is Wall Street really? Morgages% down doesn’t mean much with house prices crazy Housing prices down one can than even afford higher interest rate at 7% . Get out of debt America - pay off your credit cards , medical bills , educate urself buckle down thennnnn think bout buying
Hello. Having to do with real estate /housing, can you please change it up and talk more about rentals! Everyone looking to rent, is being priced out of the market! That's more important for people who just want to rent, but the cost has skyrocket! With the way of the economy going in the direction of not being able to afford anything, why the heck would both young generation and older people be interested in a high value market!?!
Please stop having Mitch in the videos. He is zzzz time. I could do a drinking game on how many times I hear Fraud and bifurcated and stolen. You should use his data but he is a snooze fest. Please. It's hard to listen to. You are losing viewers over this. He says the same things over and over and is so monotone..
Hit 220k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 34k in November 2024
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
Waking up every tenth of each month to £210,000 it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌
This country is sliding hard and fast into a depression. Wake up people!
😬😬😬
We are already well into a DEEP DEPRESSION and these guys in this video are clueless.
But.....Trump!!
@@jasonfuller1001
Yeah, haha... Their MESSIAH who will bring them grief like never before.
Absolutely
I have to watch every minute. I will never buy another home at my age and stage. Hanging on your every word is in my interest for my children, for all mom and pops and the marginal people getting and keeping a roof over their heads. We stepped out of our marriage mortgage in 2005. Entered a contract for deed with plans to remodel for a rental. Not such a fancy property. 10 min from downtown tho. Im still here. I was disgusted with banks in 2000, so regardless I was happy to have them in my rearview. I was a successful small business until the fair trade act made my products like $70 barrels of oil. It's been a ride. Watching this economic train wreck is beyond disheartening. Thank you for both of yours dedication to the truth, legal efforts and education of us all. 👏👏👏❤️
So long as people must my tax on their homes no one will every really own their own home, because tax is permanent rent to the government
And home insurance, utilities, maintenance and upkeep.
There is merit to your thinking, but I would also challenge you to consider another perspective. Even if you rent, you're still paying the underlying taxes and maintenance, and you are paying into the property's equity. Assuming you are buying properly without your ego and dreams involved, you could have a small investment on your hands and some flexibility. Also, don't forget that you can write off some of those taxes. For instance, I live in NYC. I purchased an apartment for 187k many years ago. My tax and maintenance come to 1100, Now with my house paid off, I rent it out for 3200, and use the 2100 towards another condo (paid off). Maint and tax on the other condo is 3400, but I only pay 1300 per month because I have 2100 from my 1st prop. Also, I have another home upstate with a very small mortgage, and taxes are 1k per month. I rent that home short-term to a limited group and pay an average of 800 to 1k monthly. My total expenses for 3 props are 2300+700 utilities (cable, get, water). This is less than most in this city pay for a 1 bedroom rental, and there is over 2mm in equity i could tap into (Il sell before i tap equity).
It ain't all roses. You must BE HANDY!!!! I do a lot to maintain my places (I like doing it, so it's not a big deal). Also, if I lose a renter, it will add to my expenses. Spent many years on a tight budget, with a small wardrobe, no need for a walking closet, and very little eating out. Equity ISN'T FREE MONEY. It belongs to the house, NOT ME. If you want the money you have to give over the house, simple as. I'm sure I will lose everything one day, but that will happen regardless. Right now, I rather enjoy and share the spaces available to me.
@@thadeouszeusI don’t think ninjas point was that only homeowners have expenses. His point was that you never actually own because failure to pay property tax results in loss of the property.
Part of what's drowning people is these horrible bank loans and compounding interest. Whe more that 75% of your house payment goes to interest you never get on top of things. It's criminal
Did she say that the economy is doing well? By the time they say where in a recession we actually will be in a depression.
More like by the time they say we're in a recession, it'll be over lol
Travis and Mitch. Love the live shows!!!! Keep them coming!!!!!
I am holding off. Everything is overpriced taxes taxes and more taxes while they just keep getting richer and richer. Over valued homes and corrupt taxes are making it harder to buy a home.
Same. Houses are obscenely overpriced. I’m stuck in this house until 1) I win the lottery or 2) housing prices are halved.
Halved isn't going to happen. But they do need to come down at least 25% if we're gonna have these kind of rates
I have an agent pushing me to buy! He is young and clueless. I was a realtor in the 2000s, and I am so sure Florida prices are insane and they are going down! I can wait.. I've lost before, not again..
This amortization schedule is exactly why I moved to a paid off home. Hidden interest is insane.
Thank you. Love Mitch. Great shows. Most of us cannot rent on SS or buy a home.
15 year or 10 year loan is great. There's one thing you're forgetting. Most people can't afford that payment. I would think at least 70% of your listeners can't afford a payment at a 15 year loan. 😮 You would be much better off if you get a 30 year loan and just pay extra every month if you can afford it. It's safe. What you pay extra goes straight to the loan not the interest. If you lose your job you have less money to have to come up with. Unless you're wealthy get a 30 year loan.
So when you fill out your income taxes and you get back that chunk of change you have to turn around and give it back to them plus more for property taxes.
That's because most people don't know your SIGNATURE paid for that house; it is illegal for banks to loan money and taxes are VOLUNTARY. Americans have been DEFRAUDED on a massive scale...❤️😇
@@TheDawnHasArrived Amen brother! Taxes were brought in to help war efforts. The government liked that money so much they decided they would keep stealing it from us.
Great videos ! I'm on board ! Wish I could help more. I work for a local government and gosh how they are robbing tax payers is crazy I don't see how they get away with it! And when you talk about getting rid of property taxes they get upset
How about all those corporations that are selling their houses because rents are so high no one is renting them. Look at all the air bnbs. Empty !
My neighbor did an air b.N.B and couldn't get enough business now.The houses on the market for rent
Thanks!
MAGA!!! Thank you for the support it means a lot. Have a great Friday, and I hope you enjoyed the video
It means "investors" are chopping at the bit to snap up real estate and make a profit. The only way to stop this is get rid of real estate investors so average people can buy houses
Good morning! Thank you both you are making a difference and we appreciate you both! ❤ God bless America 🇺🇸
When you create bunk charges on moratorium for almost 3 years to steal 400k you got it!
If DOGE can find 10 trillion of wasteful spending, they could give 86 million homeowners 111k back for stolen property taxes.
Currently selling the house above my means in a tough market, and this reminds me why people are hesitant to buy. Love these episodes!
Investors came into Maine and bought up houses cash - then recorded them under LLC's owned by another LLC and called them multi-family. Many of these homes are sitting empty. Unoccupied during this winter is going to be interesting - we have been around 0 F for weeks - lots of frozen pipes that will leak all over the houses once it thaws.
Yeah that's really annoying have wealthy investors buy up properties with cash. I was watching a house I like where I've always lived on the west coast. An llc out of Cali bought it cash! And it sits empty, until I'm sure they'll open it in the summer as an airbnb 😒
I agree END THE FED!!!
Waiting, waiting, and more waiting.
The Amish don’t have this problem. Why does the rest of America, Mitch?
I pay more for my escrow monthly for taxes and insurance then I do for principal and interest. Shameful! The insurance rates have gotten ridiculous as well. Something should be done about them too.
Me too. It didn't start out that way five years ago.
Wages are going down sharply in Maine but the price of houses are still going up.
Overvaluating home values strictly for the purpose of raising taxes to far beyond the values the property substantiates,and marketing of homes ridiculously above any values the structure,or neighborhood view, or community income ratios substantiate,is nothing more than bank realestate market and the foreclosure criminal level greed and not those not having any criminal culpability for their pricing.
I've said it before, but I love the work you and Mitch are doing! It is cool to see Mitch laughing and joking more recently, even though he means business haha
We were in a recession. Last two years! There won't be a recession anymore
G'day guys, in New South Wales ( state ) in Australia, you can build a " Granny-flat " without council approval, yes you still need to build to spec, and get it certified, but no local Government interference. Also the same state Government is talking about removing all building applications going through all local Governments in NSW, why, these local Governments are the most complained about of any other thing, period most complained with state Government, Obudsman, consumer affair's, go figure, inept Government worker's, who would of figured.
Grant what's your email? I am working with a company building 3d printed homes in Texas. I used to live in oz and looking to better understand what's going on with building in Australia.
The economy doesn't look good. My husband had more work in 2008 then he does now. He made 25k less in 2024 alone. Also I am seeing houses sit longer on the market and the mid to high range ones are mainly cash buyers.We bought our home in 2007 sold in 2015 to care for my widow mom. Now we can't afford to buy anything. Our old has more than doubled sense we sold it, we couldn't buy it back if we wanted to.
The people in Kentucky that has their homes up for sale. It’s $260,000 for three bedroom prefab home on 6 acres then starts going up to 34 and five and none of these houses are worth that kind of money the people in California New York. They’re all buying its nuts.
You guys are the best
I just emailed the main video and the video with the Texas Representative to the Texas Taxpayers and Research Association, hope they reach out to you guys.
Thanks Travis and Mitch
Good job mitch and Travis keep going
Lots of people still buy 600/700k and above properties in Florida. Check Brevard County
@realestatemindset what happened with those job revisions you shared yesterday that were supposed to be much lower? Revisions today showed more jobs created last month than anticipated.
Been hearing recession for a couple years now in California not so everybody busy dry cleaners cant even keep up with the work😂
Gentlemen, I think it would be worth your while and in your viewers interest to try to communicate the issue on flow of funds and how the delayed effect of not purchasing en mass actually lowers future demand in terms of spending power due to the fact that potential buyers actually have to shorten their time horizon for the mortgage (as an example, a 35 year old with a 30 year mortgage is different that what a 50 year old can afford over 15 years prior to retirement). On top of that, they have already likely further exhausted purchasing power through rent payments, creating a larger disconnect. And if they can't get equity, then they can't share equity with their children. It shows this is all a ponzi scheme
The housing inventory always increases in the spring. Is that taken into consideration?
The dynamic duo!
Home Prices are Too Damn High!
Nobody wants to talk about real estate, especially when I start saying you can absolutely afford a house. They have given up on the American Dream!
We need to get to zero inflation
Can't. We HAVE to devalue the dollar so the government can pay off debts.
Largely because they refuse to transfer title to a private bank that they can hold as an asset and do business with you, on a 40/60 that's the whole enchilada on someone who's had a Heloc credit line on an estate for over 40 years!
By pass the high bank fres, closing fees..do Owner financing
Totally Bonkers Kid 😊
To many idiots over pay I’m in CT & I laugh at 😂😂😂 the people that pay 300k for a home that needs 50k to make it decent
Audio is okay !
The housing market has already been crippled since 2020 and started the record breaking inflation .
Mitch = Boss
You can get a 30 year loan and make it a 15 yr loan or even less & put more money every month or every other month to make it work. But you gotta have that money
Bess has good taste I LOVE her photo of John Lennon on her wall. The day he became an American!
I have a story for you how do I get ahold of you.
Absolutely Bonkers!
Put your dry powder TBills which are only taxed on Federal level.
DOGE jist started 3 weeks ago. Let's give them some time to see what they can do.
Another real estate type who says if interest rates weren't so damn high prices would just go up forever. Interest rates are not high compared to historic norms , we are right in the zone, high was in the early 80's when they were over 15% when a guy like Paul Volker was serious about combatting inflation. The real problem is home prices in most places are too high. Historically average home prices were 3 1/2 to 4 times household yearly income now they are more like 5, 6 or 7 times or even higher in places like California. We must revert to the mean!
How can you throw someone into debt collections using your own debt?
Congress blocked admission to the All Access Entrance to the Dept of Education by one federal employee who allegedly didn’t take the Buy Out
The interest
Mitch and Travis needs to talk to President Trump about their findings !!!🤔🤔😁 Since Trump has been in real estate they possibly could help us, the working people, with the housing problems !!! 🤔🤔
The market will correct the overpriced inventory.
😂😂😂😂😂
I was notified yesterday my rent went up AGAIN another $80. It's gone up $550 in 4 years. Will rents ever go down?? I'm in Colorado
You did not discuss early mortgage payoff penalties under a 30-year fixed
The depression will uninflate the outrageous housing prices. Better title
I think you are missing something very important with housing. In both Canada and the US, housing now make up the largest part of GDP. This keeps the economies moving, they will manipulate this to the end...
China is the same thing, and they are going fast to depression and we are in the same situation , and moving fast !!😬😬😬
I am a little confused. I know this channel narrative is all about tax fraud, but how does sales prices going up have anything to do with property fraud? The prices went up based on everything else you said. I have never heard of a seller, agents or anyone listing prices due to the property taxes or property assessed value. I thought they all go off sales comps which means someone would have bought the homes that are comps and set the prices, not property tax fraud, right? Also, the biggest thing you missed on answering that, is Greed. Greed by sellers and agents. I can't tell you how many times you hear agents just listed for whatever the seller wanted and backed by no comps. They just said they want it, and someone will offer, or hey if they offer a little less they still win. I know Mitch talks about fraud a lot, but what about the greed of the normal person? In the south east, we saw a lot of people from Ca, Washington etc come in and offer cash way over listing prices. Those were now comps, had nothing to do with property tax fraud. I would say that greed by the buyers and the desperation many people had to get out of TX, CA, Oregon, and other states that are just not safe to live in went to the cheaper areas and over paid just to get the house
People that live in 500k homes are going to food banks and laughing at people that make much less money that actually donated to the food bank😂😂😂
The bond market prices in the future. It's been up and down so much I'm getting dizzy 😂
Lower prop tax states have higher values
I'm not even chapter 13 I don't have debt!
1200 a month at 10% that's a 100k home and a 600 on a trust.
So a 450k homes value could drop 40% when?
If home prices are up 42% it’s not working
Houses are way overpriced and due for a correction. But I don't see any sign we're going into a recession.
Have any Canadians taken up the gauntlet against the property tax scam?
Average home price is 417k… why would you even buy? 30 year mortgage i know people aren’t making additional payments you’d need to sell that place for over $1million to even see a return?
Unfortunately, I disagree with the opinion that housing prices will be the same without property tax. Property tax is probably the number one reason the housing market still has a supply to average people because without it, people will hold the house or rent the house even if they have moved to other states. Let alone the big real-estate company will buy out all new selling willing to wait till the price comes up or rent to maintain or profit from the investment.
At the same time, people who care about saving the property tax are likely those who are average buyers of daily goods which now will cost $7000 more in the sale tax so zero net saving per year for them.
Even worse for the poor because they are the zero-saving people who are borrowing money to stay afloat. They will now obligated to buy food and water with $7000 more because they can escape the housing by packing up like sadin fish but they cannot escape food, water, and electricity.
Meanwhile, the US taxpayers spend way more money than our European and Asian peers but our score in math is pretty mediocre. This is partly because our teachers get very poorly paid on average and some have to work in cashier positions after class to pay bills. Teachers in US may get slightly better pay than European peers but they are relatively much poorer in US which is the brain drain to the professional that requires a lot of training and effort to graduate. Let alone compared to some assian countries where teachers are among the highest-paid professionals. How can they achieve this status for education is a good question and seems that nobody cares here and nobody cares about teachers quitting their job even if they are good and dedicated educators. That is why the good school district has such a high housing price because their teacher gets slightly higher paid and really have the energy to educate the students. Removing the property tax in this consideration could be a good thing to spread the tax dollars more evenly to different school districts.
Again how the other countries achieve higher relative salaries for teachers? One key possibility is to make each classroom bigger typically >50 students per class thus the teacher is able to teach more kids. Unfortunately, this is not an option here because maybe a hundred years ago there is research said the optimal size of the classroom should be
Decent jobs are the stumbling block.
The guy in the video is probably a real estate investor that wants out before the crash. Yeah he wants to sell high. Here hold my bag 😂
Wall st gobbled up .
I’m not on Facebook so I have been spreading the discontent of illegal property taxes on Fox and Kari Lake in Arizona.
@40:00 Bifurcated real estate agents spewing long range entanglements. Did I get that right ?.
@ 5:20 - the economy is doing well 😂😂😂
soooooo, lower prices (stronger dollar) is a crippled market?
not sure what the psychological word would be used to describe a good thing as bad...
She didn’t mention How is correct
Trust me I'm fucking furious already!
Felons for not releasing title..oh yeah!
I missed it
Hey lady economy is tanked.wakeup!
The Amish don’t have this problem. Why does the rest of America
Can we just stop talking about the wealthy the uber rich who cares! They will always have it cash or no cash NYC is not the country - nor is Wall Street really?
Morgages% down doesn’t mean much with house prices crazy
Housing prices down one can than even afford higher interest rate at 7% .
Get out of debt America - pay off your credit cards , medical bills , educate urself buckle down thennnnn think bout buying
Have either of you reached out to DOGE to signal this fraud across the US? Sounds like something they would be interested in.
❤🙏🏼👍👍👍
Hello. Having to do with real estate /housing, can you please change it up and talk more about rentals! Everyone looking to rent, is being priced out of the market! That's more important for people who just want to rent, but the cost has skyrocket! With the way of the economy going in the direction of not being able to afford anything, why the heck would both young generation and older people be interested in a high value market!?!
Quit talking about median income and start talking about average income because the difference is staggering. Completely different bell curve metric.
44th, 7 February 2025
ignorance and arrogance....they have no credibility.....EXACTLY!
Please stop having Mitch in the videos. He is zzzz time. I could do a drinking game on how many times I hear Fraud and bifurcated and stolen. You should use his data but he is a snooze fest. Please. It's hard to listen to. You are losing viewers over this. He says the same things over and over and is so monotone..
I ❤ Mitch.
The Chinese are doing the fractional ownership in Huntington Beach CA.