This Truth Is About To Smack Everyone In The Face
Summary
Transcript
And I’m going to share with you something from an insider. And I have to be careful what I say because I don’t want to oust people that are giving me amazing information. But there’s something that none of them are expecting. And I want you to remember all of the surprised, shocked faces on Wall street during the great financial crisis when mortgage backed securities started to implode. Many people don’t understand that in 2005 and 2006, they thought that those derivatives could go on forever.
Insurance policy after insurance policy. And I’m also going to talk about something at the end of this video that has been keeping me up at night for the last month. And it’s not a bad thing. I am more excited about something that I reached back into my past and I forgot about something that I used to do with people. And I’m about to release it over the next like eight weeks.
It’s probably not going to happen for like eight weeks, but, um, I’m gonna, I put the link to our newsletter and we’re gonna do a big ama about it. And it is, I found a way for people to have hope again and to get excited about this crash. So the story that I want to share with you is about these big home builders. This is out of fastcompany.
com. It’s entitled rising Housing Market Inventory. We’re not talking about prices anymore. Prices are now on the decline. Okay? There’s no arguing it unless you’re living under rock. The Fed has published average and median home prices crashing. And when I say crashing, I mean they have, from their peak, have already lost the same percentage, the same percentage of price than all of the GFC combined. Okay, I know it’s not on CNN.
It’s not on MSNBC, CNBC, Fox Business. I know you’re hearing it on the ninja. And the good news is you heard it here first. But what we’re talking about is rising inventory levels. Rising inventory levels always push prices lower. Right. Why? Because it creates competition. But this time is different. Oh, it’s very different. And it’s going to create an even bigger crash in the real estate market. You see this is that the rest of this title says it isn’t hurting builders yet, said the CEO of America’s largest home builder.
He says, this is a direct quote. We feel pretty good about the Florida market, says doctor Horton CEO Paul Romanowski. It’s interesting how doctor Horton was begging just merely, what, eight months ago I did a video about this, it’s suppliers, or I’m sorry, it’s contractors to drop their prices 10% because they can’t sell homes. Isn’t it funny what six months does, or a little bit of positive reinforcement in the markets? Well, let’s break down what the CEO of this company has to say.
On the company’s most recent earning call, an analyst asked doctor Horton CEO Paul Romanowski and I’m going to, I’m going to out what they’re doing. Okay, how the nation’s largest nation’s rising housing market inventory, which in market 2024 was 24% higher than March of 2023, although still 37% below March of 2019, is impacting the nation’s largest home builder. So many things going through my mind right now, Romanowski announced, acknowledged that there’s more housing market inventory today than there has been in the past.
Months of supply has crept up slowly across most of our markets, he said. But he maintained that the majority of the inventory is overpriced, needs significant improvements or otherwise is not in the affordable price points where we tend to compete, he said. So we expect it’s going to take significantly more homes to come on before we see a lot of impact or in our ability to sell. I’m going to share with you a secret brought to you by one of my insiders.
What is happening right now is nation’s largest home builders are doing a couple of different things to fool you, to trick you, and this is amazing stuff. And if you’re in the business right now, I want you to back me up in the comment section if you know what I’m talking about and you understand what I’m talking about. First things first, you go to a new home builder and you see these homes that are being built and they have sold signs in them.
They are not sold. That is a lie. What they are doing. One of my insiders said they were on a massive multi development home tour with other companies and what they were doing was they were combining their efforts to try and figure out how to sell more homes. And one gentleman said that I’m not able to sell homes. What are you guys doing? I mean, no one’s coming in the door with these mortgage rates.
And a lady from another development said, oh, it’s super easy. We’re creating urgency, scarcity. We’re creating it by putting sold signs in homes that are not sold. Sorry, you can’t get that. It’s too late. But you can get this one. And then when they sell the ones that they don’t have sold signs on, oh, weird, this one just came available. They’re lying to you. Another thing that these home builders are doing is they are packaging up many homes.
We’re talking groups of 500 to 1000. Let’s say they have an average price of, let’s say, $650,000. You’re just going to throw out a crazy number. What they do is they go to a hedge fund or a large fund that wants to buy them in bulk and rent them. They say, look, here’s the deal. We need them to sell for 650 because we need to save face on the other ones that we have.
So what we will do is we will credit you back a certain percentage. I was told around 15% of the value of the home, but we need them to record at the 650 number, thus keeping the illusion that these home values are up and people are just figuring out a way. You know, the wild thing is that I can, I have been shown proof and I want to report news, and I can’t divulge who my sources are.
And I’m telling you this is happening. You’ll see the proof. Eventually this whole market falls down. But what’s happening, and this is very serious, and this is how these big funds are going to collapse. You see, the people that run these funds are pretty liberally my, they have a pretty liberal mindset, type one, if you understand that and agree. People that run these funds have went through our schooling system and have been told that they are far superior in intelligence because of the education that they receive rather than their gut instincts or their ability to go back on past experiences.
Because here’s the crazy thing. Most of these people that run these big funds, they don’t even own their own home cash. They don’t know the first thing about finance. Right? There are mortgage brokers out there that have had a loan on their home for the last 35 years. Cause they keep refinancing it. They don’t understand how to pay off their own home. But they’re telling you which mortgage you should get because it’s just based off of, can I get them in at the lowest price so that I can sign them and get a return on.
I could actually get a commission. That’s how our world’s built. And that’s why none of those fund managers saw the collapse of 2008 brewing in 2005. Cause they didn’t understand the derivatives exposure that MBS had on the market. And not only that, not only the sheer weight of those derivatives, but also what happens when unemployment ticks up just a little bit. Now, we have seen in type two, if you agree the government is lying to us about unemployment.
The unemployment numbers are cooked. The books are cooked. One way that we know this is true is because they are counting a part time job now, the same as they’re counting a full time job. Thank you, Obama. Because remember when Obama started, the government got in their grubby little mitts into the employment situation, and they said, if you have somebody working x amount of hours, we deem that now as full time.
So you have to give them insurance benefits. So companies just went, okay, we’re gonna drop the amount of hours they work. Okay? Then the government comes back, okay, now we’re gonna say it’s 30 hours or 32 hours, and they keep dropping it. Right? Then you’ve got politicians in California going, you know what? You need to pay people more per hour. Minimum wage going up to $20. They’re gonna bankrupt California.
And I understand many of you, hashtag, if you’re from California, say it proudly, because there are a lot of Californians in there. Like, 80% of the state are smart people. They’re good people. It’s ran by 20% complete straight lunatics. But here, what, this is what you have to understand. And as a matter of fact, hashtag the state you’re in right now. I want to know where you guys are watching from, because you may, we all think California’s not nutball, right? The policies are nutball.
Not all their people are. But here’s the thing. It’s the 8th largest economy in the world, and it runs this country, right? So you need to see the policies that are coming out of California and out of New York and go, oh, I can see where our country’s going because the. The people that are running the majority of the money, I can see where it’s collapsing. Well, now, going back to these fund managers, they work in a situation and believe they are the smartest in the nation, regardless of the fact that they don’t even own their damn Ferrari.
And I say that because anybody could go out and get a used Ferrari. It’s about as much as a souped up honda these days. My point being is this, because of debt, this whole world is being run by a bunch of young people that fund managers primarily are young people that don’t own their own home, don’t own their own cars. They don’t know the first thing, but they believe they’re the smartest in the room.
And that’s what they don’t see as coming next. And I’ve got a plan to combat it. What they don’t see is unemployment ticking up because the government’s lying to us right now about unemployment, right? They’re saying, oh, look at all these jobs. Well, they’re underemployed over frustrated human beings, and they’re about to revolt. And one way that human beings revolt is they stop paying things. One thing is rent.
You see, the catch 22 is liberal governments, state governments around our nation have told a lot of tenants as early back as what, four years ago, you don’t gotta pay rent. And people are becoming more brazen, more emboldened to stand up. I mean, look at what’s going on with squatters right now. And so what’s coming is a wave of higher unemployment. And there will be two things. People that will be forced to slow pay their rent or not pay their rent, or people that will just straight up go pound sand.
What that’s going to do to all these massive funds that are buying up homes to rent. They’re going to start unloading them because they are a business and they will not see this coming. You will see these waves in the near future. When I say near future, I’m talking about the next year, year and a half. You will see unemployment start to tick up and you will start to see amazing things happening.
But you got to be ready for this. You have to know how to finance properties properly. You need to be low on debt. You need your debt to equity ratios, right? I don’t give a crap what some young punk, you know, behind the seat of a desk or some fancy car, tells. Tell me, because he runs some fund because he went to Wharton, I don’t give a crap about what he thinks about the economy.
I don’t give a crap about what Jim Cramer thinks about the economy. I know exactly what’s coming. And while all of their big buddies are selling stocks right now and getting out, like a lot of the elites, they’re getting ready for it. Question is, are you? I have been losing sleep over the ability to expose what’s really going on in certain markets, but also how to get you prepared for it.
So what I’m going to do is it’s going to be a month from now. And I’m having people sign up, and we’re going to do a massive, massive AmA off of the controlled Internet, let’s say. And we’re going to talk about real estate finance, real estate mortgages. And I’m going to show you how I did it in the early two thousands. And I had an escape plan because we’re about to experience higher rates.
And you need to understand and know how to finance properties and identify properties with higher rates and some programs that are not being put out there. So if you’re interested in that, sign up for the newsletter. And when that happens, we’ll be sending out an email blast for, for the AMA on how to finance these properties. And it’ll shock you how little you’re going to need and how to be ready for it.
I hope you got something out of this. The economic ninja is out. .
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