Summary of The WORST Housing Crash In 40 Years JUST BEGAN

00:00:00 - 00:15:00

The housing market is on the verge of a major collapse, according to the evidence in this video. This will cause a number of problems, including a plunge in prices, a drop in mortgage applications, and a contraction in the real estate market. The author provides a housing market evaluation, in which Las Vegas is in the crash territory. The evaluation considers factors such as low cap rates, increased home building, overvalued housing markets, and foreclosure rates.

• 00:00:00 The entire housing market is about to collapse, according to the evidence in this video. This will cause a number of problems, including a plunge in prices, a drop in mortgage applications, and a contraction in the real estate market. The National Association of Home Builders has already declared a US housing recession, and the Wells Fargo Index has been trending downward for 8 consecutive months. All of these indicators suggest that the housing market is headed for a major collapse.
• 00:05:00 The housing crash that began in 2007 has begun to have consequences, with real estate investors losing money and foreclosures increasing. The reason for this is the combination of high real estate prices and the ending of government programs that helped prevent evictions during the pandemic. The trend of evictions increasing is likely to continue as rental prices continue to rise and many tenants can no longer afford to pay their rent.
• 00:10:00 The housing market is rapidly decelerating, with existing tenants being displaced and new tenants slowing down. Institutional investors are evicting families, causing a drop in mortgage demand and a major impact on the economy as a whole.
• 00:15:00 The author of this video provides a housing market evaluation, in which Las Vegas is in the crash territory. The evaluation considers factors such as low cap rates, increased home building, overvalued housing markets, and foreclosure rates.