WE ARE ENTERING A REAL ESTATE DEPRESSION

WE ARE ENTERING A REAL ESTATE DEPRESSION I THINK THE NEXT WHICH IS JUST TO THE END OF 2026 WILL BE THE WORST OF THE CYCLE GOING AT ABOUT 3.8 WHICH IS A HISTORICAL LOW NOT EVEN 1981 WAS WHAT HAS IT BEEN OF THIS YEAR 4 MILLION IS GONNA FEEL LIKE CAUSE PEOPLE ALREADY STARVING I'M GONNA GO UNDER YOU OH WOW YEAH FOR SURE SO HOUSES ARE SITTING ON THE MARKET LONGER I SEE PRICE REDUCTIONS MY FREAKING I SEE IT YEAH PRICE REDUCTIONS EVERY SINGLE MOTIVATED SELLERS SO YOU THINK 3.6 I MEAN HOW LOW HOW MUCH LOWER I AM I'LL SAY 3.7 WELL YOU KNOW WE HAD CLINT COOPER ON FEW MONTHS BACK AND HE BROUGHT UP HE'S LIKE YOU KNOW I REALLY DON'T LIKE LONG TERM INVESTMENT ANYMORE IS GONNA HAPPEN THE WAY THAT YEAH HISTORICALLY IT'S HAPPENED WHERE IT'S LIKE YEAH IT'S A NEAR CERTAINTY IF YOU HOLD A 20 YEARS IT'S GONNA APPRECIATE X WE'RE ALL SAYING YEAH THE NEXT FOUR YEARS