Housing Market… being destroyed by the Stimulus? | The Kwak Brothers

Housing Market… being destroyed by the Stimulus?

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Housing Market… being destroyed by the Stimulus?

Housing Market… With the second stimulus bill moving quickly through the government and it looks like everyone will be getting, at least, $600 check from the stimulus package. But what does the stimulus package mean outside of free money? What does this mean for our economy? And most importantly, how will it affect the housing market? In this video, I will be giving you my take on the whole ordeal and what the future will be looking like for generations to come. Email Us: info@thekwakbrothers.com Article: Evictions loom for as many as 20 million Americans who are behind on rent. That’s about the population of Florida. http://businessinsider.com/millions-of-americans-are-behind-on-rent-risk-of-eviction-2020-12#:~:text=Up%20to%2020%20million%20Americans,rent%2C%20risk%20eviction%20-%20Business%20Insider&text=The%20word%20%22Insider%22.&text=A%20leading-edge%20research%20firm%20focused%20on%20digital%20transformation 0:00 Intro 1:05 The cost of the stimulus 3:00 Where does stimulus money come from? 4:10 How does this affect the housing market? 6:43 My initial thoughts on the stimulus 9:33 Data points to my argument 11:32 The Kwak Brothers giveaway With the stimulus looking like it will be signed into law here in the next few days, pending Senate approval, many ask the question, “who’s paying for this?”. Obviously, it’s not President Trump himself, but The Federal Reserve has a lot to do with it, but have you thought about, ourselves? YES! But not you and I, more like, our grandchildren. And the effect of the massive government spending in 2020, will be seen in the Social Security Fund. Many times when the government borrows money for social programs, it literally is being borrowed from the taxpayers without consent. And with the Fed’s balance sheet getting bigger by the month, it’s sitting at almost $7 Trillion dollars, and if this stimulus passes, it’ll add even more! So how is this connected to the real estate market? Well, it takes people to buy homes in the real estate market. Meet Kevin’s Most Recent Stimulus Update https://www.youtube.com/watch?v=qsXRnZuMdz4 Clear Value Tax’s Recent Stimulus Update https://www.youtube.com/watch?v=7HAJXGwLHsI Stephan Gardner Stimulus Check & Stimulus Package Update | $2000 increase pass in the House of Representatives https://www.youtube.com/watch?v=6ZFas9mDJuM

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