Housing Market | Banks SHOCKING Plan To Repeat 2008 Crash

Housing Market | Banks Shocking Plan To Repeat 2008 Crash. Something is going on RIGHT NOW when it comes to the housing market that seems to be indicating a repeat of the 2008 crash right under our nose. Banks taking mortgage backed securities and selling them (once again) to investors just like the real estate crash from 2008. We have spent many hours researching to have a better understanding of what is going on so we can prepare our business to deal with the coming crisis. But we also want to make sure we warn anyone and everyone about what could potentially happen with a housing market crash. So in this video, we unpack what we have been finding in reports and share with you our calculated opinion on the 2021 housing market crash.

0:00 Intro
1:04 What the banks are doing
3:00 How the banks are protecting themselves
4:20 How mortgage forbearance fits into the equation
6:15 The effect of the overall economy
7:15 What banks are always thinking of
10:22 What the government is doing
11:40 40 year mortgages?
12:40 Final thoughts

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---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.

[TheKwakBrothers]

What do you guys think? Is this basically a 2008 Version 2.0?! Or is it different this time?

[vitalsigns]

“There is nothing more permanent than a temporary government program” - Ronald Reagan

[martinwarner]

Who owns the banks, everyone needs to name them, actual family names. They cannot hide.

[renzenker]

I sold ALL my positions end of June 2021. The markets recovered much too fast from the March 202 crash up to August last year 2020 and have been a gamble ever since!!!...so you have to know when to not be greedy.

[beinghuman]

Well this whole thing is about global financial reset which was reveal by few people 6 years ago but sadly people didnt believe. We human are ignorant, we dont care about things until that is affecting us directly. That's why everybody should love history because you get to understand a lot of things. We all must have unity at this time for better future.

[laura-zuyz]

I still haven't change my stance. Housing market crash (as it should), Stock market crash (as it should), An economy that is already over a cliff (some people just don't know it yet), inflation that is not transitory. We need to let it all crash and not allow bailouts. Consequences to everyone, including people who bought houses they couldn't afford and shouldn't have bought. It's going to be bad, I'd love to be wrong. Thanks for the info!

[JTilley]

There is one thing that helps debt and that's inflation. If the interest rates remain low, we all know the real inflation rate is around 8 - 10%.
Interest rates could go up, but that is a visible attack on the people and the manipulators don't like frontal attacks.

[lukealston]

Thank you guys for all the good info. Your channel rocks for us common folks..
Live long brothers..

[vitalsigns]

Awesome video update as always! Thx Kwak Bros. Yes absolutely there will be 40 and eventually 50 year home loans. Car loans are already getting extended. This of course keeps prices and property taxes high. Government takeover of property rights, housing, etc., is here.

[Xetenor]

It's seriously maddening that prices of a simple 2 bedroom apartment to buy are near 500k range here in los angeles Santa clarita area. Like what the hell and you add almost $400 hoa to that makes it impossible. I have excellent down and credit trying to get a 3 bedroom townhome with $200 hoa and hope it goes thru as i keep seeing these damn prices go up. Pretty much my last straw.

[yesguys]

Insanity test, do the same thing over and over again and expect different outcome.

[lisan]

I'm already seeing it. The mortgage backed pass-through certificates being moved. And mortgages being moved to certificates in bulk and the risk is betting on the homeowner to default

[rogerdodger]

Totally hooked on you two. Well done to you both, for what you've achieved and what you both give back, you're amazing 😃.

[Clubrat]

I would think pensions will end up holding the bag….. The final nail in the coffin for the boomer pensions.

[bluecollarbullionballer]

Just discovered you guys yesterday nice channel.

[roostercogburn]

It puzzles me why anyone would buy a home right now, this upcoming crash is going to be epic.

[claytonelofgren]

I’m a mortgage loan originator worked for a bank now I’m a broker. Something we can’t sell it would be crazy if we did is 40 or 45 year mortgage terms or interest only loans I’ve seen people with those recently they got from a bank or credit union

[mesandz]

People in general will suffer _ doesn’t matter about race, economical status, minority etc _ we all will suffer in some way !

[gianlucatomassi]

It seems like a dip is inevitable but like you said government intervention can delay this for years. Nobody knows when it will happen

[markc]

The introduction of the forty year mortgage is just another nail in the debt slave coffin.
People will never be paying off their mortgage and I believe that's the main point of the whole thing.
It's going to drive up housing prices as well. This is just a bad thing all around.