Banks Crashing the House Prices ⛔️

The banks are crashing the housing market. Warning, um, you need to know what I'm about to tell you, especially if you're a homeowner. Um, and actually what the banks are doing, I think, for the general public and general homeowners, I think it's really bad. Um, but I'm also going to share with you in a moment, um, why if you're an investor or an entrepreneur or an opportunist, even though what the banks are doing I think is morally wrong, you can actually turn it into a huge upside opportunity. Now I also have proof which I'll share with you. So I believe the banks are crashing the housing market. I think there's been a housing bubble for quite some time, and I think that the reason for the housing bubble— it's many factors— removing the stamp duty tax, um, post-lockdown artificially held the prices up. Of course, that's going to hit people now. Um, rates being artificially low for, what, 12 years, something like that, to artificially save all the banks from going bust so that the banks wouldn't lose their billions in profit. So all of this has been going on But this crash that is coming and has already started has been on the cards, and I actually think it could be worse than people— I think some people are blissfully naive of what's really going to happen. Now I'm going to share with you what I think the housing market will drop by, but I wonder if you might just want to put in the comments what you think the housing market will drop by. I like to engage with you. I'd like you to have your say. I'm also going to start giving away some cash on my Facebook Lives. I've been doing it daily on my TikTok Lives, so I might throw some cash at you if you guess what I believe to be, um, similar. So what do you think the housing market is going to crash by as a percentage, start to finish? Put it in the comments. Um, John has said everyone should read Money. It's an excellent book. It's on the shelf behind me. Thank you, appreciate that, John. Okay, so, um, in Peterborough, where I invest— now, by the way, um, I think many of you are underestimating the house price crash, I'm just saying. So my local area is Peterborough. I have 340 tenant units that I own there, one big 99 apartment, 159 tenant block, um, I have 1,350 tenants, and I've been investing here for a full cycle, best part of 20 years. And, um, in the last banking crisis, the property market dropped 25 to 30%, but it dropped fast. It dropped like in 6 months. And then the bank— the banks just dropped the rates right down. They, um, saved the banks from going bust, even though I think the banks going bust could have been a good thing. It's for another life. And then they just kept rates so low, uh, and delayed essentially what I think is now the inevitable. Now some people say to me, Rob, I can't believe you think the market's going to crash that much. Um, but I think this is going to be a different type of correction or crash. I think it's going to last longer, number one, and I think it could be more. Um, like I said, in my local area it went down 25 to 30%, 6 to 9 months, and then stabilized. Whereas I think it's going to take a bit longer and it's going to be a little bit slower but I think it's going to be more. David has said, does it depend on price brackets? Yes, it does, David. Um, does it depend on the area that you live in? Yes, it does. This is absolutely an accurate statement there by David, which is why I'm giving you specific examples and also why you should check your local area. So my friend in Devon has seen his entire portfolio go down by nearly 20%, um, since November last year. In Peterborough, we've seen our, um, the entire portfolio of lower-end properties— by the way, our commercial properties have gone up because they're linked to rents, so you, like I said, you can turn this into your advantage— but the, the buy-to-lets, the single lets, the, you know, the, the sort of more basic end of the housing market, that went down 15% in 2 to 3 months. It's steadied since then, but I believe it's going to come down again. So now I'm seeing some of you saying a little bit more. Many of you were saying 10 to 15. Now I've got a lot of 30s and 40s percent. I'll share with you what I think in a minute in terms of a percent over how long. Um, but here's why I believe the banks are actually going to make this crash happen and why it benefits them and what's bad for society but why it can be good for you. So stay to the end, I've got something for you. So the reason I believe the banks will make this crash happen um, is because they've held rates artificially low for 10 to 12 years. Now look, rates do look like they need to go up, or at least when they went up, you know, the argument is in higher interest rates controls inflation. Here's the massive problem, um, Bhavisha says London is down 15%. That's really interesting. The massive problem is the, um, As these rates go up, people's mortgages go up, but then the banks put their margin on top. So the banks will make a very healthy profit in interest rates being higher. So it's in their best interest for the interest rates to be higher, because if the interest rate's 5%, the banks are putting a 2, 3, or 4% margin on that depending on your credit rating. So the banks could be earning 2 to 4% off you with higher rates. So this is starting to happen. So it is in the bank's interest to earn profit. Always remember this: the banks aren't there for your pension and your future and your retirement and your easement and for the love of you and for the good of humanity, which a lot of people seem to naively think. The banks are there to make billions and trillions, and that's all they care about. Okay. So the banks are going to make more money when the rates go up, so they're incentivized to do that, number one. Um, reason number two why I think a big crash is coming is because there are half of all mortgages that are about to come off their low fixed rates and therefore going to go on to high variable rates. So, um, I was on a TikTok live yesterday and And a chap called Josh said he's on 1.74% on his mortgage, and now he's coming off that rate, he's facing an 8% mortgage. And this is for half the population who've got mortgages. We're talking many millions of people. Do you know, in fact, just in September, a million mortgages came off the fixed rates, just in one month. So how many millions or tens of millions of mortgages are still on those low fixed rates, they're gonna come off, they're going to go from 2% to 7 or 8%. What are they gonna do? They're gonna get repossessed. They're gonna have to sell their properties really cheap. They're gonna have to give the keys back. And of course this is gonna crystallise a huge loss. And this is gonna, these kind of repossessions I think are gonna significantly increase. And I saw something similar, these high repos, in 2008 when people were in big negative equity and ended up having to get repossessed and give the properties back to the bank. So by the way, this is bad for people who currently own the property, but as a first-time buyer it could be good, and as an investor it could be good. And stay with me, I'm going to give you a couple of solutions. Okay, now there's one somewhat sneaky reason why the banks want this house price crash. So I don't know if you've seen, um, this in the media, but Lloyds have come out and said that they want to be the biggest private landlord in the UK. In America, BlackRock, Vanguard, and State Street, who own 88% of the S&P 500, um, are gobbling up masses of single-family homes. Now, by the way, when the banks go and buy an asset, you probably know you should be buying the asset because the banks know things that the masses So all these properties that are being repossessed, the banks want them. The banks want to own millions of property. So it's in their best interests for the normal homeowners to be repossessed and sell the properties cheap, because then the banks can gobble them up cheap and own a massive portfolio and make billions. So here's the thing. They're lending you money at high rates on the one hand, and then they're repoing you and nicking your property on the other hand. So they're taking from you both ways. Now look, I don't think that is morally good, or at least I don't think it's good for overall humanity and our working class. But this is the reality of what's happening. Now you can turn it into your advantage and This kind of stuff I'm about to share with you now, I have been banging on about this for years. Try remove your moral and ethical judgment of what the banks do. Try and learn how the banks play the game and make profit and make money and own assets, and then do what they do but do it morally and ethically, and do what they do borrowing the money off them the way they normally make money out of you. This is what you can do. Now Suzanne has said just fix minimum 5 years. The problem with this, Suzanne, is you can't go back and get a fixed rate at 2%. So a fixed rate now is not going to cost you 2%, it might cost you 7%. You actually might not be better fixing now because you pay a premium for fixing and the rates could come down. So you wanted— the time you wanted to fix was 3 or 4 years ago when rates were nothing. Unfortunately, a lot of people have missed that boat. So if you're a first-time buyer, I recommend you do this. Let's say you're going to buy your first house. I recommend that you could rent for a while where you want to live and then watch the property market come down a bit and then buy cheaper. I actually did this once where I live, um, and I bought a nearly 5,000 square foot house for $575 grand, which was an absolute steal. Uh, okay, um, those of you that want to be opportunist investors, you want to cash in on the property crash, I think there's a great opportunity for you because some people are saying, oh yeah, but rents are so high. But if you're the owner of the house, high rents is good for you. People are saying, oh yeah, but property prices are coming down. Well, if you can buy them cheaper, that's good for you. You've got a higher yield, you've got a higher cash flow. So you can actually turn this into your advantage if you learn how to be an entrepreneur, learn how to invest, learn how to raise money. Don't get rid of your moral judgments from the banks. You play the banks at their own game, borrow all their money, let them take the risk. And you cash in possibly in the best time since 2008. This is a huge opportunity for you. I haven't seen anything like this or coming into this since, yeah, since 2008 where I bought dozens of properties for 70 grand that are now worth 200 plus. They peaked at 250. Okay, so if you would like to learn how to do this, to cash in on the crash, and jump in on what I'm doing, which I'm calling my Emergency House Price Crash Masterclass, I'm just going to share a link with you. Now you could join this for free. It's no cost to you. It's a gift from me. I do want committed people, um, but you know, many of you have been following me for a long time. I want to thank you for that. So I've just shared the link in the comments where you can register. Now there'll be no recordings and no replays, um, but I do think this is an amazing opportunity right now. I'm feeling like it's fill your boots time again. Um, if I could go back to 2008, I'd have bought the entire, um, city of Peterborough. I'd have loved to. Um, we ended up buying dozens and we did well, but if I could have bought hundreds, um, I might be a billionaire by now. Who knows? So I'm sensing it's the time again. By the way, I've already seen the proof because in my area properties have already dropped 15%. If they just go another 15% in the next year, that's 30% in total. Because people say how the housing market is too expensive, well, you can't get the cash flow. Well, this could cause the housing market to be cheaper so you can get into assets, and it could significantly increase the yields and the cash flow. So let me just share with you one more time— I've just shared a link there to a free Zoom masterclass called Emergency House Price Crash Masterclass. I'm going to bring in, um, a special guest expert friend of mine, and we're going to share with you how to raise money to buy properties, how to find a good local area, how to analyze a deal for cash flow, how to build a portfolio yourself, how to cash in on the crash, um, and how to protect yourself from the banks, um, how to learn what the banks do to make billions, play them at their own game, and make millions off the back of their money. So this is what I'm going to share with you. Um, and yeah, probably teach a couple of different tactics. So for example, I do commercial property, but there's probably other better startup strategies for investing, quicker and easier ones. Bhavisha has just registered, by the way. So I'm going to put the link in the comments again. I'll see you on this emergency house price crash Zoom masterclass. Now, by the way, I said to you I would share, um, what I think the housing market is going to come by in total. I wonder if you wouldn't mind sharing this because, you know, this information that I share, a lot of people are worried about speaking out about it because they're worried about the banks and being cancelled. Well, I'm more than happy to be the, the mouthpiece for you. Um, but also I have this belief— maybe I'm naive— but I have this belief that the more money you have and I have and we all have, the better we all are. We can do deals, better deals together if you're rich and I'm rich. You know, we can buy each other things if you're rich and I'm rich. I can get you more as a client, you can get me in more as a client. If you're rich and I'm rich. Because people always say, Rob, why would you share all this stuff? Won't it affect you? Aren't you creating competition? No, the more rich we are all, the better we all are. And the less rich the banks are, the better we all are. Um, so, uh, yeah, this is, this is one of the reasons that I do this. This might be one of the reasons you might want to share this content, and it might be one of the reasons you want to jump in on this Emergency House Price Crash Zoom Masterclass no recordings, no replays unless you're a Rob.team member, and the link is in the comments. So let me know what you think in terms of what you think the property market will go down by. Here's my prediction, and of course it's a prediction. It's not, I don't, I'm not the fountain of future mind reading, but I would say 40%, 2.5 to 3 years from November last year. That's my prediction. Let's see how accurate I end up being. Jack thinks 30%. The reason I think 40 is I just think it'll be a bit more than the last crash, because I think that the high interest rates are going to really hammer people. The reason I think it'll be slower is because I don't think the banks will immediately drop the rates to virtually zero and artificially suppress the, you know, the housing market and the economy. I just don't think they'll do that this time. I don't see those rates going that low for another whole cycle, maybe 15 years plus. That's what they're my thoughts. Um, let me know what you think. Um, Daniel has registered. I can see a lot of you are registering. Registering. Junior said we cannot all be rich. Now, um, I like the saying you can do anything but you can't do everything. So actually, potentially we could all be rich, but the reason we won't all be rich is because many people are slaved or suppressed by the system. Many people don't want to be rich because they don't want to pay the consequences and the sacrifice. But we all could be rich if we learned the proven models for investing and we invested in assets that produce recurring income and we monetized our passion into our profession. We could all become rich or wealthy, or at least we could all have more money and it could be redistributed better. But the system isn't going to do that. The banks aren't going to do that. The tax system doesn't do that. What does that is you learning how to be an investor. Learning how to cash in on the crash. So, um, if you join this Zoom masterclass, link is in the comments, I'm going to teach you as much as I can on doing this, um, so that you can protect yourself. You can create multiple streams of recurring income, invest in assets, get your tax bill down, get your income streams up, have the government pay your mortgage off for you by leveraging inflation, um, and playing the banks at their own game and getting their money and giving them the risk and you the profit instead of them the profit and you the risk, which is how most of society are stuck. So I'll see you on the Emergency House Price Crash Soon Masterclass. Link's in the comments. Thanks for tuning in, and remember this: if you don't risk anything, you risk everything.