George Gammon
@georgegammon·577K subscribers·959 videos
Housing Bubble: Undeniable Proof Revealed!
Posted
November 4, 2019
Views
17,616
Likes
707
Comments
66
Engagement
4.39%
November 4, 2019
17,616
707
66
4.39%
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7:34Now PlayingIn this housing bubble video YOU'LL discover the proof no one can deny. It's shockingly simple to see but no one want's to look. Housing bubbles and housing prices, over the long term are extremely predictable. Even the Fed, who has a terrible track record of making predictions, was able to predict housing prices reverting to their mean at the end of the last housing bubble.
It's so obvious when you do a basic level of homework the question becomes, "how does everyone not see the housing bubble?" But the same could be said back in 2005-2006. In doing research for this video, it's shocking to go back to see what people were saying before the last bubble. It's word for word the same. There's no supply, housing prices don't go down, inventories are low, unemployment is low etc. It's like deja vu.
The average American's home is their largest investment, so it's natural for people to rationalize their purchase to avoid cognitive dissonance but for those how have an open mind and are objective housing bubble's are easy to see.
Economist Robert Schiller has confirmed this numerous times.
The proof that's starring everyone in the face is the fact home prices, adjusted for inflation, always mean revert. In the video you'll see how and why this has always happened and always will happen in the future.
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#HousingBubble #RealEstateCrash #MeanReversion
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