Patrick Bet David: 'Don't Buy Anything Now, Wait For A 70% Crash Next Month' This Will Make You Rich

So, what's happening in the housing market right now? Homebuyers across the U.S. are facing record-high home prices and mortgage rates. This makes owning a home a distant dream for many families. There's an estimated shortage of 4.5 million homes, pushing prices through the roof. Recently, mortgage rates saw their largest jump in two months, ending a three-week streak of declining rates. The 30-year mortgage rate climbed to 7.03% from 6.93%, and rates for jumbo loans increased as well. This surge caused a drop in the market composite index—a key measure of mortgage application volume—by 2.6% for the week ending June 28th. The purchase index fell by 3.3%, and the refinance index dropped by 1.5%. This was short introduction. Now let’s explore how this crisis could turn into your pathway to becoming a millionaire.

Patrick Bet David: "Don't Buy Anything Now, Wait For A 70% Crash Next Month" This Will Make You Rich
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[AnthonyAntoinetteNwaurugu]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

[GillerHeston]

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?

[maribelbenites-enbp]

Well explained. Thank you for bringing up this video, Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject... Regardless of how bad in the economy I still made over 86k this month on trades.

[Audreyasp]

Dude !!! I already don’t buy anything since years by listening at your videos !!😅😅😂😂😂

[FavourGift-enen]

Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176, 000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000, 000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400, 000 annually) and don't owe a dime to anyone. It's a good feeling!

[williamdolan]

I will buy this dip and make money now lol

[Erinhunt]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

[DBGODIIIVIII]

The worst recommendation you could take is what this video is saying.

[thomassmith]

People are spoiled, record rates my ass. I closed on my house at 10 percent but my neighbor closed at 17 percent during Carters term.

[meme]

Why do I have a feeling the narrator is Indian?

[stevekang]

Do they tell you we crash before we crash?

[Jamesrobert]

Crash! Inflation! It’s getting depressing. I have about $200k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I invest into as a newbie to safely grow my money.