Economic Collapse Exposes Home Foreclosure STORM

Economic Collapse Exposes Home Foreclosure STORM

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[matturner]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[DonaldMark-nese]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[williandouglas]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[Spirit-FilledMindset]

We are currently in a depression. Have been for over a year and a half. The recession was in 2022. The bad data made it look like we weren't.

[otrdriver]

Large part of this problem is. Fraud in the property taxes.
The government would up your property every year for more tax collection for comtroll.
This also gave people a faulse equity. Which created more construction loans, 2nd mortgages, vacation loans.

[TXk]

The government should’ve never bailed out Silicon Valley bank

[clffeingold]

Bad data is everywhere. Pretty sure this ends very badly.

[littlebitmckee]

Thank you so much! You are really helping young families with your videos. This is the group that breaks my heart during this financial time. They are struggling so much and they have little ones that depend on them. We need to pray for them and provide good education like you provide, thank you for all you do

[gretchenlook]

Banks are so guilty in everything including stealing your money

[GoldenYears]

We need to Stop this Mess. Don’t Re-elect any Federal or State Legislators. It’s time to change Personal and send the present Legislators Home.

[SaveManWoman]

Market is always 6 months behind. It’s about to show lipstick coming off.

[mikemcglauflin]

I'm gonna be the jerk here. Debt securities ARE NOT LOANS! This is money creation.

[sammythompson]

I have two cards with Capital One one balance was 3, 266 the other easily paid off if it wasn't for the former. The card companies sent offers for 12 months interest free until my bank sent an offer for 18 months. A vp at my bank set up the transfer, because she did a lot and had to speak to someone in Charlotte more than I could do. Now I pay the bank card 200 monthly and when the other card is zero I'll pay 300. The important part is to quit charging on the card while paying on the balance. Using a credit card is like having a payday loan.

[deaddocreallydeaddoc]

Increases in property taxes and insurance cause my mortgage payments to increase every year.

[everceen]

I have $200K in retirement account, yet can't afford a house in the suburbs here around NY, obviously something needs to break or no house will ever get sold again except mansions to CEOs. I now look to the stock market to boost my reserve, and buy a home afterwards.

[OzzieBird]

I bought my home in January 2020. Today is August 2024. In that short time my property taxes have my mortgage payment up 10%, my electric utility is up 25% and my natural gas is up 20%. That is what is hurting me the most.

[dinapage]

TRAV!!!! THIS VIDEO IS SPOT ON!!!! THANK YOU FOR CALLING IT ALL OUT! BEST VIDEO!!!!🙏🤗 The Bush video everything. ALL SOUNDS EXACTLY LIKE THEY ALL DO!!! Then, now and so on. The circus continues! Did you all hear it? SOUNDS EXACTLY THE SAME AS NOW!

[jimtillapaugh]

Great job on getting information out Travis 🎉

[jonscrivner]

In San Diego, two homes in my North County inland neighborhood, went under contract in 5 days and well over asking.

[Vashti]

I work in default mortgage servicing and have for 40 years. Front lines. It's a slow burn this time. Values will not crash. If people can't afford the house, they should sell. 90% of fc sales are going 3rd party. Modifications are a bandaid and a set up to fail. The VA is screwing the veterans. Eventually the bandaid will fall off, but most properties have some equity. The cost of living is killing homeowners..that, and the cost of insurance, if they can get it.