Real Estate Crash: Opportunity for Investors – Robert Kiyosaki Quarantine Updates
During the summer, there were approximately 23 million Americans without jobs. To put that into perspective, in the double-dip recession in 1982, we had 2.7 million. The early 1990 recessions, 2 million; the dot-com bust, 1.9 million; the great recession, 2.6 million. This is 10 times higher than any other unemployment rate that the US has ever seen.
The lockdowns, jobless rate, and the inability for homeowners to pay their mortgage has caused what some are saying will be the biggest real estate crisis in history.
In this Quarantine update, Robert explains this tweet:
“REAL ESTATE CRISIS. 6 million homeowners in FORBEARANCE. Sad. Before they can receive stimulus money, they need to qualify for new loan. If they lost job or lost credit they may lose home. Opportunity for investors. Sad news for homeowners business & country. Pandemic must end.”
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The Chinese will take their accumulated dollars and buy up the USA when the economy finally collapses.
@John Wan yep You are right but this election Trump was robbed
That does not seem likely. Actually what will happen is hyperinflation. Then the government will print off enough money to pay off all the debt’s. This money will be worthless so everybody like China and Russia who held our debts will lose all trust in America but their economies will also collapse as a result. Because their economies are even worse. And anyone who saved in dollars in the banks,, all of that money will be worthless as well. In the exact same way. This will almost certainly result in global poverty.
Their dollars loose value just as quickly as yours! They buy the bonds to prop up their manufacturing, so US can not justify producing stuff locally. US buries it self by taking ever increasing dept!
We can’t let that happen! There must be a law that forbids communist government immigrants and or investors can’t buy here! No land no homes nothing!
@Julie Marie They did it so they can put then next presidential election on the blockchain.
Fear is a powerful emotion bro in the world we live in.
It’s amazing how many people really believe every single thing that the lamestream media tells them that it’s gospel! They have no idea how the real world actually works.
A lot of people remain poor cos of fear
Love fear!
This has been the best crash ever
Right onnn! It’s all a bunch of bullllllllll! I love your outspokenness! You are hilarious! 😁
Just invested in 6 1 oz britiannia 999.9 silver coins for the first time following Mr Kiyosakis wisdom
How much did they get you for?
Oh really, then link up for more talks on that.
@Godhave Mercyonme ill let you know how it goes my first proper investment i feel solid about haha
@ActronJimmy 190 including VAT
Robert is the only man speaking the truth !
Seriously
So glad you call them what they are!
This is not just Red vs. Blue… The 2 party system is actually one political party for big government and spending. Both parties are a-okay with taking personal Liberty. 🗽
You aren’t wrong, but Mr. Kiyosaki is dead-right: blue is now overt socialist and even outright communist.
Exactly, there is no party fighting for the people against the lies. We need a fight the lies party.
The real facts that republicans aren’t willing to acknowledge right now.
True ! They are all corrupt and care nothing about the people. We now have a government of, for and by the 1% forget party. We need a new party !!
It’s same story all over the globe, corrupt politicians are the real and most dangerous virus!
Nailed it!!! : )
Oh really, do you have evidence?
@Godhave Mercyonme are you happy and own nothing 😝
@Toby Brown Well am indeed a happy lady and i have something preciouses than what i see and feel now.
Resist the communist take over .
Off course. It’s our duty. Only traitors wont resist the faschist communists. They will regret if they support tyranny or goes against or help hurt freedom loving people. Even if they dont understand what they did.. Theres no mercy for those people and Hell awaits them. Traitors.
Be careful Robert, they’ll probably delete your channel soon for speaking your opinion. Remember, that’s not allowed anymore.
@Kevin Schmidt Don’t forget truth. You can’t post truth either.
@Kevin Schmidt in Europe as well tons of videos are being deleted by YouTube which don’t support perfectly the MSM narrative. You get three strikes… At the third strike they delete your whole channel. So in Europe a lot of people are switching to alternative platforms.
Please do your own research and stay open minded.
@ActronJimmy no. Posting hate speech, killing babies, hurting animals is very different from telling the truth. He may have said the truth, but that’s not why his channel was deleted. It’s like saying that you can’t brush your teeth without going to prison. “OH! This prisoner got a life sentence! You know what he was doing on a daily basis? Brushing his teeth; that’s right! You can’t even brush your teeth without being sentenced for life! Oh my gawd!”
@M what’s MSM
@BitSkulker mainstream media
I respect you more now for opening our minds & telling real truth. 💯🔥
Lol hes been telling the truth for a very long time.
Most people that took forbearance for real reasons are screwed as they don’t have a job that covers their mortgage. Sounds like lots of cheap homes will hit the market soon!
most of the “buys” and price appreciation are re-fis.. this will end – be patient. thank you.
Robert you fail to mention all the investors your hero Trump has ripped off over the years, taxes he evaded and contractors he didn’t pay! I hope that is not how you operate too Bob!
We said “yes” to the unconstitutional lockdowns because we didn’t have enough guns to say “no”.
We have more than plenty of guns here, we don’t have enough cojones to use them on these tyrants
Jean correct you are
We trusted them, that COVID19 was going to kill 2 million, and the lockdown was just for 2 weeks “to flatten the curve. “
We have guns, they have bombs, chemical weapons and what we are experiencing now which is a pandemic created by biological weapons! So how do you fight that?
I thought this was a video about real estate
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Exactly. Robert is just bitxhing again as always. Trump ain’t rich he is broke and grifting.
Didn’t think I would see Mr Robert here calling out Commies. It is nice to see it, but like I said I didn’t see this coming. Good for him for standing up for the free market.
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Remember if the rich get welfare before they pay taxes (“tax loopholes”), they’re smart. If the poor get welfare after taxes, they’re freeloaders. See the difference? I dont…..
One question I have is, you say to use other peoples money to invest which I agree but how do I qualify to get accepted for those loans and what not? Just credit score? or do I need an tax record to show income ? Im 20 years old so if I go to the bank and ask for 25k for a down payment for a property, what are my chances of getting accepted?? I have good credit and tax history what else do I need?