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How this Housing Crisis is Worse Than 2008

Breaking down how the current housing crisis is actually worse than the 2008 GFC. Follow John Wake, Real Estate Market Analyst YouTube Channel:    / @johnwake   X: x.com/johnwake?s=11&t=OR5MMGKIpmvm0YV3niSREg Website: realestatedecoded.com Todd's trip to ZILLOW NYC:    • Zillow and Trulia Premier Agent; Sach...   #housingmarket #realestatenews #mortgagerates Show Citations: https://i0.wp.com/substackcdn.com/ima... https://investors.zillowgroup.com/inv... https://nationalmortgageprofessional.... https://www.google.com/search?q=open+... https://www.nber.org/digest/aug15/us-... https://www.chicagofed.org/publicatio... https://www.federalreservehistory.org... Todd Sachs, is a Maryland Real Estate Broker providing information based on his opinions and the opinions of others regarding the housing market, the U.S. economy, and geopolitics affecting Americans. Todd Sachs is not a Mortgage Lender, CPA, Attorney, or Financial Advisor and any information provided in this video or any videos containing Todd Sachs including the descriptions and titles are for entertainment purposes. This is not to be considered broker representation, legal, financial, or tax advice. All content including written, spoken, or implied is deemed to be true, but not guaranteed and based on opinions. It is your sole responsibility to verify any and all information for accuracy and correctness. If you're currently represented by another Real Estate Brokerage, Todd Sachs is not attempting to solicit your representation. Looking to buy or sell? We efficiently assist buyers, sellers, landlords and tenants in Maryland and across all 50 states through Sachs Realty's Broker Referral Network.  Main Office: 443-318-4514 Maryland Broker License Number 607720 Equal Housing Opportunity 00:00:00 Introduction 00:01:20 John Wake Real Estate Market Analyst 00:06:35 National and Local Housing Market Stats 00:11:58 FED Rates and Real Estate Investors 00:24:20 Zillow's Zestimate Good or Bad? 00:41:04 Drop mortgage rates to 2% 00:43:19 Opendoor Technologies 00:44:04 Bearish on Housing, Better Price it Right 00:53:37 Why this housing bubble is worse than 2008 01:03:42 Repeating the same housing market mistakes