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Housing Market Set For A "Cat 5" Storm, Worse Than The Great Financial Crisis | Melody Wright

Wealthion - Be Financially Resilient

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Observations and Concerns About the Housing Market in Austin

The speaker discusses the practice of writing contracts to make it appear that homes are sold, even if the buyers can't qualify, and the use of color stickers to indicate sold homes. They raise concerns about poor technology systems, lack of transparency, and predict a housing market crisis due to credit crunch and liquidity shortages.

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