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June 16, 2022
Crowder Warns of Huge Correction in the Housing Market
DISCLAIMER: This is opinion, not investing advice!
Biden and his administration have had control of America's economic policy for about a year and a half, and Americans are feeling the terrible effects of Democratic governance. Groceries are disappearing from shelves, and those that are still there cost an arm and a leg. You'll have to give up your other arm, leg, and perhaps a kidney to fill up your gas tank. And all of this is happening as Biden continues to throttle up his ignorant progressive schemes.
There's plenty to feel unsure about in these volatile times. If worrying about how you're going to get to work in the morning and feed your family in the evening weren't enough, the present state of the housing market has to be turning a few people prematurely gray.
Steven took some time today to talk about what he thinks will happen here in the near future because this is bad but the government will always manage to f*ck things up just a little more.
Crowder Warns of HUGE Correction in Housing Market | Louder With Crowderwww.youtube.com
The Fed has decided to raise the interest rate by 0.75%, and people project the interest rate to reach in upwards of 3% or more. The fact that the Fed has waited to act for so long and is deciding to take such a gentle approach will only hurt Americans even more in the long run.
There are people who are at risk of losing their houses in the near future. There are other people who aren't going to be able to afford a house for the foreseeable future. And all of this affects middle- and lower-class Americans. And these issues will become apparent the moment the market starts to correct itself.
It's time to start preparing now. Everyone should plan for the future of the market and budget accordingly.
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