HomeTradingEllio Trades CrytpoTHE WORST REAL ESTATE CRASH OF OUR GENERATION COULD BE DISASTROUS FOR...

THE WORST REAL ESTATE CRASH OF OUR GENERATION COULD BE DISASTROUS FOR CRYPTO!

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Hey ET Fam! I hope everyone’s week has been awesome. In the last video, I shared with you all my plans of turning $1M into $100M within the next seven years. This doesn’t happen without seeing around every corner in an effort to not be blindsided by any catastrophic events. That’s why today’s content will take the focus off of crypto for a brief moment. We’re going to talk about real estate and the looming crash that could be happening soon.

There have been alarms going off for months now, but not many are convinced that we should be too alarmed. However, real estate has been on an up only trend for quite some time now. As the saying goes, “what goes up, must come down.” With the state of the current economy, this would be an appropriate time for that quote to come to fruition.

How does this affect crypto? Well, if the 2008 housing crisis taught us anything, it taught us that a major collapse in real estate affects everything. Make sure you all stay locked in, because this is a situation that I will be monitoring closely. Talk to you all soon!

00:00 – Intro
01:08 – A global asset bubble of epic-proportions
02:52 – Home value change VS Income change
03:41 – China’s real estate crisis
05:04 – Crossing the line
06:17 – Housing is the business cycle
08:27 – Housing market weakness in 3 steps
10:20 – How long does it take to save for a house
11:33 – Covid housing party is coming to an end
13:14 – Outro

#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR

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24 COMMENTS

  1. I’ve been a real estate agent for 16 years here in NYC -The residential market is strong. And will remain strong especially here in Brooklyn. Inflation is actually under check moving forward to Q3. I see web 3 and blockchain doing well for the top 10 Altcoins that have utility. It’s all about utility, for the next bill run.

  2. Just contracted 2 new rehabs! Got a new listing up today and 1 in middle of rehab. Life is good. Buyers arent scared. DCA into real estate just like crypto. Where have majority of wealth in this world come from? Real estate! Lfg

  3. 📈🚀🤯. SUPER RARE COIN THIS IS ACTUALLY A GOOD BUY SUPERRARE ONLY MINTS ONE ORIGINAL ART WORK NOT LIKE OTHER NFT OR MULTIPLE MINTS THIS WILL EXPLODE 🤩 🤯📈🚀🚀🚀🚀

  4. One piece of thought: despite btc down, AMB and NEBL are pumping and floor level ….. about to start a long journey with volatility upside, look into them, staking s great, teams great. No stress….what else are you buying? I want to add new floor chart projects. for 100x and more. Only smart charts not hype please

  5. The Gold standard was removed in 1971 and had no effect on the real estate cycle due to banks still using the fractional reserve system to create credit. As you said it's all cyclical so if you go off history of previous cycles, the US peak in real estate will not be until 2026 as the average cycle is 18.6 years. Lending has been tighter since the 2008 crash and I don't think we have seen the easy credit creation which occurs during the more parabolic more speculative 2nd half of the real estate cycle. While unemployment is low and the banks are making huge profits, we will not getting a "crash". Real estate will be a leading indicator when a crash is imminent not a lagging indicator and this has not happened now.

  6. I can not believe the crypto market hasn't continued its downtrend. Yeah, it has already gone down a whole lot since January, but there is sooo much bad news, not just financially, but bad news in everything it only seems logical that the crypto market would be severely weak and continue its dip day after day. Instead, it seems to have found a firm support level at $1T and building momentum for another upswing. fml

  7. There will be no 2008 style housing crash. Sellers will simply take their houses off the market and rent them for 40%+- yearly rent increases or make a killing renting rooms out on airbnb rather than give up their equity. They'll simply wait until this blows over. Meanwhile the renters who see BRock cartel is price setting rents yearly at 40%+- will scramble to do anything they can to own 4 walls and a door.

  8. Great analysis and breakdown on the macro. Too many crypto degens refusing to see the bigger pic are really setting themselves up with a huge timebomb now. Godspeed to us all.

  9. This market is nothing like the last one if you understand how the loans work. The last crash was partly due to really horrible lending tactics that allowed people who had basically zero liquidity but good credit to get loans they had no business getting. My growing love for crypto caused me to explore until I came across Thomas Frede-rick White (although I'm trying to avoid sensationalism) Thomas is by far the best. No hype for hype's sake, but great inspiration to trade Crypto. To compound that, people could take out a 2nd to use for the down payment so they were walking in already underwater.

  10. Interesting video and good way to cause hype. As a real estate agent through the pandemic I was excited to see this “downturn”, “crash”, or whatever you want to call it, happen. Why? Buyers were taking ALL the risk just to get a foot in the door to get in contract to buy a new home. Removing ALL contingencies was the norm. (Still is depending on your location.)This was/is not healthy and if shit goes sideways during escrow that buyer had to take on all of the burden. Whether it was low appraisal, bad home inspection, or etc. I love what I’m seeing now in the US market as it’s correcting itself. Sellers are losing power and the playing field is evening out. VA buyers actually have a chance now to use their benefits to buy a home. Where as before sellers were pretty much telling them to kick rocks. So, in conclusion this correction is healthy and your bullet points of concern are actually a good thing imo. Remember housing is not a stock or crypto where these swing massively in either direction at the drop of a dime. It’s much slower and much steadier. You can’t panic sell your house! Lol…

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