Houses are too expensive right now. If I sold my house right now and tried to move back into my exact same neighborhood, I could never afford it.
TheBeardedSandman
When you look at median income compared to median home price you can’t tell me this is sustainable.
ericanderson
When we were settling probate for my inlaw’s 600 acre estate the attorney gave us some great advice about selling the property. He said” you can make money anytime but you can’t make property .” We kept the farm.
ladysparkle
As an expert and somebody who makes millions telling people to invest there’s no way he’s going to tell people we’re in a bubble..
jonathanlangdon
I'm on my knees praying that it's a bubble, otherwise I have no chance of ever owning a home in my life at this rate.
andyb
He’s too invested in the problem to admit this thing relies purely on speculative corporate investment. It’s not individual buyers buying every house for 100k over asking.
DragnBarZ
Unfortunately now we have financial institutions who are buying up houses so the average worker can no longer afford a home 🥴
Freiheit
If the average home is unaffordable to the average earning person....it’s a bubble!!!
Steve-hecn
How does he keep a straight face and say it’s not a bubble?! Those with an interest in property will never talk it down, And the more insane the bubble becomes, the more imperative it is not to spook anybody.
antpoo
Bubble? Nahhh my house going up in value by 20% in 60 days is perfectly normal and stable lol
danielnoble
You know, if 30 year mortgages didn't exist, I bet the value of houses would be cut in half.
crestes
Caller: We're looking to relocate to a better school district..
Dave: sell the kids
nemishasharma
Not a bubble... but the houses in the hood are 700k 😂
dre
dave it's not the new value of a house -it's the lower value of your dollar
panda
I see houses selling 40-100k over asking, almost every one 😂 you can’t tell me that’s sustainable
krassimirpetrov
Predicting a crash isn’t possible . Even saying it won’t happen isn’t possible. Don’t buy what you can’t afford .
expertonnothing
This guy is off his bubble? Yes prices go up slowly over time, not 10-15% year over year
Spahi
Dave literally just described a bubble...
stephenfoster
Literally no one:
Dave Ramsey: Paying tens of thousands of dollars over asking price, waving rights to a home inspection, and being rushed into buying a home due to competition is chill.
paulmunley
Everyone is flocking to buy $400k sheds. Yea, I'm going to keep waiting. I'm patient--not desperate.
