Dave Ramsey is saying that now is the best time to buy a house. Not last month, last year, or last decade. Now. Why? Because prices will not be coming back down.
Is he right or just a boomer trying to offload his inventory?
Dave Ramsey: Buy a house NOW
Adrian Price
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Ryder Wilson
Blacktop is ready to exchange cash for any boomer house at today's inflated prices. So are hundreds of other organizations.
Josiah Sanders
TRADITIONALLY RISING INTEREST RATES CAUSE THE HOUSING MARKET TO CRASH
Colton Allen
This guy cannot be serious. There probably hasn’t been a worse time to buy a house. The wheels are coming off of this bitch left and right, rates are rising, unemployment is ratcheting up, no one can afford shit, but we should go buy someone’s bags at 2x it was 2 years ago?
Aiden Sanders
I've considered that as well, the only problem is they know they will get bailed out and so continue to buy.
That being said, even if home values stay steady (and it will with the banks still buying and keeping supply low) inflation WILL increase and it will be harder and harder to buy, especially as rates continue to go up.
Rates are the guarantee that is going to price people out of buying. Yes, property is expensive but when interest doubles, your principal goes down to basically nothing and so your payment increases at least the same amount.
Lincoln Roberts
This guy is a fucking idiot. He caters towards poor Christians who have zero financial literacy to begin with.
Jacob Clark
Boomer trying to pump his bags before the dump.
Christopher Parker
>You know rich when we were talking about real estate the other day. I mentioned how I want to sell my bags. I can't do that unless these schmucks buy my bags.
>Just ignore my prior advice of not spending money you do not have.
>Get in as much debt as possible to buy my bags
>2008 was a once in a century occurrence
>Just ignore the panic of 1910-1911
>Ignore the 1920s great depression
>Ignore the 1970s inflation downturn
>It is once in a century and it only occurred eight years in the turn of the century. NEVER AGAIN
Xavier Jones
He's an exploitative grifter.
Juan Russell
he is a dumb faggot and been wrong about every thing house market is crashing now. i am wait for the stock market crash tomorrow after mays inflation report to really start looking for a house to buy.