The Housing Market Truth: Homeownership Is Now a Privilege for the Rich

Subscribe to My New Clips Channel    / @michaelbordenaroclips  =======Need a Real Estate Agent You Can Trust? Get one for FREE: https://homeandmoney.com/michael/=======Follow Me on Instagram:   / michaelbordenaro  =======My Filming and Editing Equipmenthttps://michaelbordenaro.com/my-youtu...======Save Money on Property Taxes FOREVER! http://Ownwell.com/michaelbordenaro======Get Cash Back on ALL your Internet Purchases!https://www.rakuten.com/r/NIRVPL2?eei...======My Microphone (Lot of People Have Asked)https://amzn.to/3Mhs2ozArticles Mentioned in the Videohttps://apple.news/AdIUF5irnTp-RXpI_e...https://apple.news/AoouktznuQhma2H-QL...https://apple.news/Asd4lzOviRCuXgzKov...https://apple.news/AjqbviFQwROiS0huGE...00:00 - The Unreasonable Cost of Buying a Home Today 0:55 - Harvard Study: Home Ownership vs. Inheritance 2:04 - Historical Affordability: 1970s vs. Now 2:53 - Why Post-WWII Conditions No Longer Exist 3:53 - Wage Stagnation and the End of the Gold Standard 4:51 - Shocking Renter Statistics: Who Can Actually Afford to Buy? 7:02 - The Lie of the 30-Year Fixed Mortgage 8:13 - Real Truth: Home Prices vs. Inflation 9:59 - How to Increase Your Chances of Buying a Home 11:31 - Why the Current Housing Crash is Different from 2008 12:53 - The Reality of Today's Job Market 13:47 - Why the Current Trends Favor Future Home Buyers 14:30 - Most (and Least) Affordable Cities in the U.S. 16:47 - Should You Buy Now or Wait? 19:33 - How to Get Help Buying or Selling Your Next HomeFTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.