Housing Market Predictions: A Big Housing Market Collapse is Coming in 2024 (Margin Call Is Here)

There is a Global Margin Call happening in 🇨🇦 Canada's Real Estate Market as we speak. In this video, we talk about where the Housing Market Cycle is in U.S. and Canada and why it continues to be a place to definitely Avoid for first-time homebuyers. Share your thoughts in the comments below. Please subscribe, turn on the notification bell 🔔, and share this video with your network.

---------Key Resources----------
------------------------------------------
-------
--------

*Social Media Reminder: Do not fall for scammers & impersonators who pretend to be me.

[hersdera]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[NicholasBall]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[johnlennon]

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

[benjamindavidson]

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quite mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

[Greggsberdard]

I don't see housing prices falling much until the supply is increased. In the USA we are short millions of housing units, and we aren't building nearly fast enough. People always need a place to live and we are constantly making new people. Any slight dip in prices unlocks a bunch of buyers who will gobble up that supply instantly. I want to buy inexpensive houses in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some people say they make money, but others say it's risky. Any advice?

[kelvinjohnson]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[nicolasbenson]

For newbies, be aware that this is a grossly oversimplified scenario. For one thing, you can't get a mortgage on an investment property without at least 25% down payment. Two, it's easy to see comps for house purchase prices, but it takes a lot of research to understand the comps on rent prices. The trick is to find a place where renting is more expensive than buying, but those places are less common because of this very type of scenario. Three, you have to remember that rent number he's using is supposed to be net income, not gross. So you have to think about costs for taxes, insurance, maintenance and vacancy when you're researching investments. All that said, real estate investing is a good tool for wealth accumulation. But it isn't foolproof.

[azieltobias]

In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

[derrickholfman]

In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200, 000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?

[heatherholdings]

People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.

[Freiheit]

It should be illegal for institutional investors to buy single family homes. It’s a significant way to build wealth for middle income families.

[KaiMarius]

One thing people should know is that a crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7 figure profit in crashing market and pull it off much easily in bull market. Personally I’ve made over $310k this year. There are lots of opportunities in the market, unfortunately people are not utilizing them.

[lanievangline]

My economics professors told me that major investors would shift their focus to single home owner shift after the economic crash because that will lead to large profits without out defaults on mortgages that they own and they can control to the supply. I should have bought a house in 2013 when I learned about this. Housing prices in Tampa were $60, 000 in 2023 now those houses cost $400, 000 and that was last year.

Furthermore, the state of the nation is distressing, with the average American struggling to afford a home. Even though I earn more than the average person in my area, the only housing option within my reach seems to be a modest shack. It appears that the system is designed to burden individuals with overwhelming debt, forcing us to work for meager wages, all the while diverting our attention from the legislative changes that primarily benefit the ultra-wealthy and corporations, making life increasingly challenging for the average citizen.

[TheDuke]

It’s always good to have a financial plan. I work with a licensed planner and fixed-income strategist in LA that helps me sort out these plans of investments

[xekis]

My only problem with institutional investors owning everything is when they are about to lose their asses they just steal from the taxpayer a second time rather than having to liquidate inventory.

[smithlenn]

This seems like the worst period .Even the markets are very unpredictable. started investing recently when the market prices were a bit high, today i am more than 60% down

[mikeallen]

they said the same thing in yet!here we are still waiting!

[auggieoutdoors]

The payment shock from the rapid rise in mortgage interest rates is staggering.

$400, 000 loan at 2.75% in 2021 = $1632 P&I/mo, $70, 900 in interest paid in the 1st 7 years, vs $66, 267 in principal paid

$400, 000 loan at 8.25% in 2023 = $3005 P&I/mo, $223, 600 in interest paid in the 1st 7 years, vs just $28, 866 in principal paid

[TheMagdalenaBB]

Thank you for addressing Canada! I knew something had to give when people were pushing it on affordability before the hikes.

[weboflies]

I'm in a position to buy, with liquid cash, and I'm basically sitting on sidelines for the next 1-2 years. I hope we're right.