Steve Van Metre proclaims housing market on brink of crash

[Greg R.]

Who is Steve Van Metre? Steve Van Metre is a notable financial planner and macro manager that specializes in retirement income strategies and the direct management of client assets. In addition to managing portfolios, he is also one of the top annuity agents in the United States. Van Metre is sought by peers for advice and conducts webinars to educate other advisors on annuities and real-world expectations from them. He has coached thousands of people through to a completely successful retirement. He regularly follows a range of economists to keep pace with changes in the marketplace. His insightful advice has been featured in print and on local radio and television. 

THIS Will Crash the Housing Market... - YouTube

About a week ago Steve Van Metre made his case for why the housing market is going to crash. Please watch the video and look at the evidence/ historical data that he's citing before commenting. 

[Jay Hinrichs]

Quote from @Malcomb Stapel:

He's predicting it will crash, David Greene is predicting it will continue to go up. Everybody seems to have an opinion one way or the other. Factually, housing inventory is at a historical low, and lots of folks, like myself, are locked into a nice home at 2.5% rate for 30 years. 

The overall shortage of houses available makes it difficult to believe that the market will just crash and have this massive price correction. Thank you for the article @Greg R.

I once entertained a group of annuity salesmen  bought them a big dinner and booze etc.. by 1.5 hours into it .. with loose tongues their tone and telling tails of how they hook older investors into these deals and the commissions they make..  well I paid for dinner left and never followed up with the.. that was a 2k education for me.. to stay far away from anyone pitching those deals.