#BarbaraCorcoran #realestate #inflation
In this week’s episode of Influencers, Yahoo Finance Editor-in-Chief Andy Serwer spoke Corcoran Group Founder & ‘Shark Tank’ Star, Barbara Corcoran, about the real estate market.
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Listening to this type of financial advice is how you end up bankrupt.
Nope.
@Incomeking LOL! This is the worst time to buy a home ya Povertyking.
@RIghteous do you have a house?
@Incomeking I do, and I wouldn’t dare sell it because of how hard it would be to replace. However, unlike most Americans, I do not have to worry about losing a job, or having to relocate, or having a death in the family. So, yes, it is the worst time to buy a home. There are many who are selling, because they own multiple properties or they are more financially secure than most others.
It’s gonnnna be grrr8 🎢 …..
I knew it! I said if Joe Biden gets in inflation is gonna go sky high and so I bought three properties. I had to beg one guy to stop calling me because I didn’t want to buy three. So I bought the third one and I am so glad I did. The first one is making payments on the other two. Rent is incredible. It’s a good day to have a liberal president. Now I see the benefit of liberalism.
Everything reeks inflation in the economy…. I don’t know who, however a person desires to pay attention to this, you have to stop relying on the government and saving all of your money. Venture into making an investment a few in case you actually want monetary freedom
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How many of these people still believe there are virus organisms flying around infecting people?
They keep the fear going and still support the criminal drug companies and most of them still support so called safe and effective vaccines because they still believe viruses and germs are so deadly and people deserve a safe and effective vaccine to protect them and provide long lasting invincibility from the virus🤣🤣🤣
It just boggles my mind that these people still say that there are these highly contagious virus organisms and deadly germs out there causing suffering and death, then host and encourage people to go to these events where they supposedly can catch these highly contagious deadly virus organisms.
If they truly believed in virus organisms and germs that caused disease then they are putting themselves and everyone at risk by hosting these events.
You should not say there are these terrible diseases caused by mutating highly contagious germs and viruses that can spread through large crowds and events and then go and host your own large crowded event, surely?
I know their retarded answer will be.
Oh well, people have a choice to put themselves at risk of catching a germ based disease.
Some will say people can get vaccinated against the germ and be fully protected
And some will say people have already caught the germ and now they’re naturally immune from it. 🤣🤣🤣🤣🤣
So a women who makes her living on selling houses advises home buyers to act as fast as you can and buy.
Shocker!
I bet she is selling her houses?
@JOONHYUK AHN 😂😂😂
@Megadog ur aware we’re entering a housing recession, correct? Tf
@KD globalization
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First of all, she didn’t do the interview this year, it was when the interest rate was low. Second, even though the higher interest rate has slowed the pace of buying in areas that have moved up in price fast, There is still a supply chain problem causing slower new home building. Combined with the high interest rate, investment firms like Larry Fink’s Blackrock can gobble up the homes on market with CASH, thus setting their own rent prices. So you see, you’re at the mercy of increasing rents if don’t own your own home and you blew Barbara off as being disingenuous. If you folks have any forethought left, check out Larry Fink’s political connection, but especially with the FED.
Cope.
gfys
Politicians should undue the 2017 tax breaks, and remove the carryover of no tax for investor’s in single family housing. Since theire the ones paying no taxes on driving up the real estate. It became a global issue because of Trump, and investor’s.
“Not smart enough to get into it 2 years ago” that’s what she mentions to the minors or people who encountered health issues which damaged their buying power leverage. Unbelievable.
They should’ve raised the rate years ago, the people who were well off before are better off now because this systematic corruption, screwing over working Americans. It’s not about working hard, its about owning as much assets as you can, that’s the truth they don’t tell the workers their exploitating by a decades of income stagnation not even keeping up with CPI.
That’s the reality, hopefully a crash happens hard and tanks the stock market, so maybe assets can be liquidated allowing new opportunities for average Americans to innovate and compete in a conglomerate anti-trust economy. But unlikely given corporate welfare will bail them out, unlike regular folks with surprise medical bills and intentional fraud real estate systems selling garbage uninhabitable homes because no oversight or accountability by blanket immunities and forced class action waivers everywhere.
This take is a complete joke.
why they publish this old video?
Horrible advice to buy at the top. Imho
Why should I buy an OVERPRICED house? Why can’t I continue renting my unit? Look how CROOKED these GREEDY SELFISH MONEY worshipers are!!!
This is extremely bad advice and a lot people will get hurt. Real estate is in a massive bubble. This woman should be ashamed of herself. All bubbles pop. Keep this video and review in a year. Never invite her again. Novice investors with little capital will get very hurt.
Mr wonderfull promotes too much on Bitcoin that he owns huge amount, now she promotes housing market in the burble. They all work for their best interest. Watchout guys
Hyena!
I think the surgeon that did her facelift may have paralyzed her facial nerve. It’s very noticeable.
don’t know if she gave a sincere advice or opinion to the public but not all people can afford to buy house and lot or mortgage terms. to me house and land prices should be controlled or pay less taxes
We are in a real estate bubble. Remember 2008? Suddenly, the bottom will fall out and you will get more for your money.
Conflict of interest
People that bought at the peak will lose their jobs during the recession next year.
Do not buy right now, unless you have million in cash and going to buy a 200k condo, cause the interest rates will go up to control inflation which will in turn make your payments higher,, in 1975 the interest rates went up 15% and stayed there for a decade, beware of these cocksuckers
Banks want marginal people to buy right now, as they know and as fed has announced interest rate hikes have already been done and more rate hikes are coming, to to control the inflation in 1970s of 15% the federal bank had to raise interest rates to 15% which intern increased the payments that people had to pay on the mortgage so currently the inflation is around 12 to 13% so with the bandwagon of red hikes you can imagine where the current mortgage rates can reach to so if you can afford to payYour mortgage at 15% when you buy home right now go ahead if not then just rent out I sleep in your car
Yet another example of a real estate person telling you to do what is best for her.
Never ask the barber if you need a haircut
This is why I detest Realtors. They will never tell you it’s a Bad time to buy. Buy, Buy, buy so I can get my commission. Probably told people in 2007/2008 to buy also right at the peak before the Crash.
What happened to you Barbara?? You went a little crazy with the Botox
She looks monstrous
Advice, buy if you can afford to. Or else wait until you can. Don’t listen to this shark lol
Get high on her supply.
Yea over priced, not many people can afford today’s prices, they are bound to correct. All I have been seeing are greedy investors terminating their listings lately, you really think that’s a positive indicator for housing prices to continue to move up
These are the people to blame for inflation and the need for rising rates. We should make an example out of people like Barbara.
Absolutely disgusting advising people to buy in this crazy inflated market. She knows the likelihood of a crash coming in the near future so she will be ready to pounce and add more properties to her portfolio.
Typical greed.
I hate how youtube removed the dislike views !! I wanted to know how many dislike this video has !!!
If you dislike this video then like my comment ! 😅 how else are we suppose to know 😡
She’s right
A depression fire sale is coming. housing market, economy, dollar, commerce, energy, financial, and food production is going to collapse.
totally agree with her, as difficult as it is.
Well, the administration has blamed inflation on the war in Ukraine, but it was already up to over 7.5% by that time. Was under the impression sanctions were supposed to hurt Russia, not the entire world. How did that happen?
I think this interview is at least a month old… I think I had seen this before Fed increased the interest rates
In the middle of a housing bubble and this clown tells ya it’s “The best market shes ever seen in her life”. She’s drunk and shes slurring.
Hopefully she is very long real estate.
This is not helpful. Also you shouldn’t rush to buy a house
This is the worst advice I have ever heard. Ignorance. Markets go up and down. Savvy investors do not buy during the uptick inflation. They buy when the market is down. Right now is the absolute worst time you could buy a house. We are on the doorstep of a crash and recession. Interest rates are going to need to skyrocket to tame inflation. If you can not buy your dream house with your current income, do not settle on something that is bearable. You will hate it before long and will need to move again. Moving costs a lot of money and will eat through any equity you’ve managed to build. Which won’t be a lot because the first ten years of the mortgage is just spent paying down the interest. When you move, you’ll essentially be starting another 30 year mortgage. That’s how they get you trapped as a mortgage slave for the rest of your life. Meanwhile, a renter has all the freedom and flexibility in the world. Minus all of the housing costs and work to maintain the home. If that renter is investing in other areas rather than a home, they will end up ahead financially if the mortgage owner even moves once… Flat out.. If you don’t own a home, sit back and relax because you are not about to lose a massive amount of money when this bubble pops. You’ll end up out ahead when interest rates go up. And maybe at that point, your dream home will be available at a much much cheaper rate.
Well there proof some people have no moral compass worst advice I have seen if a lifetime
Smart lady…
👁️👁️
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