Check out @ScottWalters
Newsletter sign up - marketmaniacanada@gmail.com
Check out my new podcast on Spotify [ Ссылка ]

So today me and Scott Walters are doing a real estate deep dive. We dig into the psychology of what is going on in the real estate market. How the real estate market has changed. What could happen going forward. It was great that Scott came on. Really appreciate him for all the support on the channel. Please check him out.

Instagram - @marketmaniacanada
Newsletter sign up - marketmaniacanada@gmail.com
Chatroom - Coming soon

0:00 - Intro
2:50 - Depression/Recession/Correction
4:00 - What do other agents think?
9:35 - Only agent in the world telling the truth
9:45 - Psychology of the market
10:37 - FOMO
11:37 - People only looking at payment
12:28 - Rent range
12:40 - Serious message to first time home buyers
13:37 - Rent range
14:05 - Minimum amounts down
15:02 - Mindset of being successful
16:26 - Renting is OK
17:42 - Rent vs buying
18:06 - Reality for homeowners
18:20 - Scott's story from 2008
18:40 - Rental properties
19:00 - Housing market cycles
19:30 - Tough questions
20:24 - Going all-in on Real Estate is a bad idea
21:30 - Having savings depleted in 2008
22:30 - Dead equity
23:22 - Buying the dip after 2008
23:50 - 2007 supply constraints
24:20 - Highly leveraged
25:30 - Wealth mindset
26:00 - Risk when buying
26:30 - People taking huge risks
28:00 - Nova Scotia story
28:45 - Planted a seed of FOMO
30:17 - Digital diet
31:42 - What are wealthy people doing?
35:00 - Surviving the downturn in Real Estate
35:45 - Positive cash flow
37:40 - Real value
40:19 - Coop
40:50 - Summary

#housingcrisis #realestate #housingbubble #housingcrash #finance #canada #leavecanada #housingbubbleamerica
Disclaimer: Some of the links in this description are affiliate links, which means if you make a purchase through them, I may earn a small commission at no extra cost to you. This helps support the channel and allows me to continue creating content. Thank you for your support!

свернуть