Reventure's Gerli on the Housing Market

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Nicholas Gerli, Reventure App, CEO & Founder speaks with Matt Miller and Vonnie Quinn about the housing market.
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Nick has been wrong since 2021. Yes, prices in FL will move a bit lower, but this is not 2008.

tmclean
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His intellect and skilled interpretation of other people's data is best demonstrated by his 40% crash prediction in 2021. The market went up 40%. Literally an inverse cramer type accomplishment!

Mercedes
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I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

GillerHeston
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Reventure is a joke. His videos are clickbait.

Eric-bqjo
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This guy has been wrong for so many years about housing prices crashing. Maybe he will be right in one year by 2030. Maybe he is just providing cover for big investors to buy up more housing by keeping individuals from deciding to buy a house bc they are “waiting for the dip.” Good luck w that.

HciR
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This guy has accurately predicted ZERO crashes since 2020. Mind you there's a market crash every day on his channel.

kyopan
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this guy is a click bait market crash bro

VegasReyesOG
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Hi Nick I got out of the market in 2020 when you said housing was in a bubble. Homes are currently 60%+ higher in my area.

Can the reventure app help me, friend?

Advermvp
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To be fair he said Austin would crash and it did

ACi-do
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Man these channels are getting desperate when they bring people on like this guy. He's been wrong more times than any one. I mean listen to him saying fed rate cuts haven't brought mortgage rates down, he doesn't know how things work. He is a fear driving person for views😅

wakeboarder
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I'm so tired of people like Mr. Gerli on YouTube. I think he has done more harm than good. I'm not a realtor but I've owned houses/rentals for more than 30 years. I went through the '08 crash and it cost me nothing because I didn't sell during that time. I just bought a house for retirement and have it financed at 6.125. You can't time the market. You just do what's right for your finances at the time then move on. If you can't get a house that's fine but you have to put your money in something other than a savings account or you'll lose. Your money has to be working while its sitting. Please don't use this guy's advice. He's making money off of doom/fear clicks not sound advice.

whatsitlike
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What we need to bring prices down is a depression.

kenvalenti
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It's amazing how guys like this have claimed the housing sky was falling for the past 4 years, hasn't happened, and still has credibility to get featured spots like this. The average person doesn't care about facts, they just want to be fed comfortable lies.

OllieBrux
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Still waiting for my South Florida crash 4 years later all I see is higher prices and higher rates.

Dohair
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Equity investors and flippers are still inflating the market. Realtors and lenders are still saying its a good time to buy and tricking people into totally unaffordable mortgages.

CascadianFyn
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Why are you soliciting the opinion of a notorious and unqualified YouTube charlatan in a one bedroom apartment about the housing market ?

WelcomeIncorporated
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Fiscal policy to help the market: Adjust the Capital Gains exemption to what it should be, based on adjusting for inflation. It’s not changed from $250k/$500k since it’s inception in the late 1990’s. It would definitely get people moving if they can exempt $750k/$1.5M. Imagine someone that purchased their house 30 years ago at $90, 000, but now if they sell, it will be $800, 000. That is an Ouch in their mind. But increase the exemption and now it makes financial sense to move. Boom…more inventory.

OriginalMiamian
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@Alex. YES he did. Look at most if not all of his previous videos for the past couple of years. He was predicting housing market corrections/downturns in price EVERY YEAR. This video he did not predict that, but his past videos were fear porn, click bait.

My point is that he has been WRONG about the direction of the housing market year after year. One day I guess he will get it right, like broken clock does twice a day!

HciR
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After 5 years of calling for a housing crash, he's finally seeing price reductions in certain market msinly around FL and TX.
This guy is a grifter. Nice work Bloomy

peterbedford
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Lower Fed Funds Rates adds liquidity which increases long-term bond yields. That sound you hear is cap rates increasing.

daviddent