0:00 thank you [Music] welcome back to another careful voice we are very careful boys and today we are talking indeed about some adult topics that people want to hear about because Market macros we're talking about the housing market yay let's talk about something we can't afford this guy's gonna come right now take it away what do you mean what the ████ housing talk about looking at him house ████ what have you been learning no honestly so so we're in 20 20 ████ three barely how do you feel about the housing market how do you feel about the economy macros wise how do you feel about uh the environment the landscape the environment the landscape and trying to make it not boring yeah
0:50 um so I guess a lot of people that are watching are in the age of either wanting to buy a house or considering it let's see we're gonna wake up ordinary dead from old age yeah or minimum wage in the near future and so I think for a lot of people with the interest rates going up they're like how the ████ am I ever gonna afford this ████ exactly you see all these Instagram comparisons right they're like right now I think pretty much the cost of a 400 000 house the mortgage payment is the same as a house that's like seven or eight hundred thousand just based off interest rate yeah so they're like it's like plus six percent yeah so they're like oh that's awesome them that the ████ demand is way lower but the affordability isn't higher you know just because there's less people in the market but the interest rate's so high the mortgage is still ████ it's still really really high so for a lot of investors I think for
1:42 them it's like okay this is kind of cool you're kind of shaking out the market and shaking out the people that aren't really really interested and then see if we can come in and just scoop like a mofo are they shaking them like on both sides of their face and their tits yeah they're like shaking like this and like this but what are all the employees that just lost their jobs that at Twitter gonna do they can't buy a house I feel like those guys anyone that's in Silicon Valley like if you know if anyone's like job packages they're pretty set okay from what's a mortgage because I follow them online he has been talking about how unemployment rates in America have not been going up they've actually been slightly declining according to the last report yeah so he encourages people to still buy if you're in that place that to want to close but then feel free to refinance later when the rates do drop back and to all the stupid ████ out
2:33 there I need to go find myself when they look at your ████ finances and ████ they're like okay cool let me see your last three years W-2 if you don't hold the job there goes your ████ chances of owning a house you ████ stupid find yourself ████ what if you found a wealth of personal discovery but can you quantify that well that's awesome well guess what you're never gonna have a home you gotta get another job and have to hold it for like two or three I think that's cool I got a tent on Venice Beach and I live just as good as the millionaire neighbors around me then that's good for them that's good news yeah I got a Coleman tent it's pretty sick and then like I just pitch it in front of the beach in a four-person town I have a really good view is it knife proof because that might be a problem I mean oh ████ damn you Coleman the suckers
3:26 around me they gotta pay millions but I get it for free so suckers but a lot of people are just waiting homeowners hate this guy they're waiting for the interest rates to drop back down I think the 2024 or whatever what's more affordable but the problem is it's always like it's like that right with the interest rates dropped the man goes up again everyone floods the market so now the cost of homes go back up it goes back up again so that's the tough part where you're trying to balance supply and demand but you're also really trying to balance affordability I think that's the main issue that people aren't really addressing is just because the interest rates go down and then like it doesn't mean it's more affordable so that's the part of that kind of sucks I think it is like the American dream like everyone has this like Oh I wanna after college I want to get married I want to have a house but especially in like the bigger cities New York San
4:16 Francisco L.A it's ████ almost impossible dude you know so last year we were just talking about this the average house price in um ████ La was like 700 or something thousand now it's 800 something that's the average you know the ████ Monterey Park house I had like our first home I looked it up just for s████ and giggles that ████ 950 now whoa and what is your volume just like a regular ass ████ what'd you sell it for um I bought it for like low seven I think I got it for like 7 30. ████ you suck yeah because you could have made way more we just realized we outgrew it was too small it was like perfect for me and Geo and then the minute we had a kid and then family started coming in we're like oh ████ like like uh was like 1500 square feet or whatever like that does not cut it once family starts coming over you may you may weigh more in that Vegas house though oh yeah a little bit
5:08 more on that one yeah my ████ lost value like my ████ why it pumped up like a ████ I was like whoa 40 000 in like two months and then it just crashed like nothing and all I lost 15K did our ████ what up like 120 000. it was crazy but then yeah it went right back down do you know what caused that this is the time yeah it's just but then I mean I mean it's gonna over time it's gonna go up on pre-interest rates right people were trying to lock in like better mortgage rates so then like it's like oh I can get it for two percent two point five percent two point seven five percent awesome but then now it's like five percent so people like I'm more scared so the thing is now the house is the absolute price is more affordable so if you can qualify for a loan the cool thing is you're not going to be competing with people whereas before it was like all cash offers 50k 100K over
5:58 asking waive all contingencies I'm not even going to expect those I don't give a ████ if your pipes are burst I'm coming up for new yeah yeah for sure like that they'll do all kinds of like technically irresponsible ████ I just want the house I'm not even gonna like check to see if things are good if it has termites or whatever but now if you can't afford it's actually a good time to buy in my opinion because you can buy it interest rates fluctuate but then if you hold on to the absolute price in 2024 when the interest rates drop you can refund yeah and then your mortgage rate will get dropped by a ████ ton that's the game but I don't know because we're all in like positions where we actually were able to even buy a house and like a lot of people can't like this this is just impossible it's insane especially if you're in L.A five percent it's sometimes six if your credit ain't great or more but I think the hard truth is
6:49 though I think people can they just don't want to move that's I think the hard truth yeah where people they want their cake and eat it too and it's like oh but I I grew up in New York I want to buy in New York and it's like well ████ you better make like half a million dollars a year yeah right but we are seeing an exodus though from all the California New York Hawaii like major I think it was like 15 000 people left Hawaii like hundreds of thousands left um ████ California New York and then they went to more affordable States so those were the people that were able to be like you know what I work remote or like I could find a job elsewhere like us we went to Vegas right but then like what about people who are working class or whatever and they're just their roots are all in California or like they just all their family and friends that's I think that's the difficult part where
7:40 like it is the family and friends is the heart they're talking to us you guys we're talking to us you know luckily all of us were able to buy houses ████ morons and you know we don't got no roots here the families and friends over like generationally like they've been around like even Jill's parents and ████ or like just the community that they're in and they can't fathom leaving but they're dumb because I'm like just ████ a few your ass was living in Mexico you were uprooting that's true nobody really got roots in California that means it means you had new Roots I know California is a new ass State ████ yeah I'm like don't flip-flop like you've been here for ████ 10 Generations that's right because all the different neighborhoods that we have here they're like less than 50 years old exactly yeah
8:31 most most of the Japanese people have been here longer I know yeah yeah that's the funny part really dude yeah the ████ rush hour Chinese restaurant I mean they're way longer than that yeah that's true I do think though the hardest thing about like moving is the community and upbringing like uh just leaving your life like I think that's why it's just like it's affordable but ████ also leaving your source of income yeah that's a big one through making Nikki's parents come to us for Thanksgiving was ████ die they came to Vegas yeah and for Thanksgiving I ████ did a turkey and everything was that their first time at your guys's house and we brought it yeah I think he was a hater doubter why yo she was saying I wouldn't do the turkey oh she was saying like oh I wouldn't get it done in time and guess what I ████ did it yeah and
9:22 well you actually made a turkey I made a turkey and you didn't burn it or nothing did all of it it was juicy it was good you did it from scratcher did you get it from the market and you warmed it up in the oven I got it from trash Oh yeah I I no I bought I made it from scratch from Boston Market I bought like a I bought like a frozen turkey days in advance store yeah I thought it out and everything and Nikki never thought I could ████ do it damn dude he showed her I love it I love putting that ████ wrong I love it you're very domestic huh a little bit what else do you do that's very good was her dad like how much did you pay for this house and he's like what the ████ yeah no he's been awesome he's her dad's my dude he's the best dude he's honestly the best he's known how what a good deal it was there oh yeah oh he's just impressed because like it's like a 3 000 square foot home and he's like holy ████ and like his house
10:13 looks like a ████ toilet what kind of toilet though yeah yeah like the ones we have here we got some fancy toilets public restroom at a beach and you know a beach and you know had a KOA Campground yeah that was the worst dude no he's the best he's so he's so awesome he's the white one yeah uh no he's the white one oh he's a Filipino one I always forget which one's which her mom is is full away yeah cool but no that's like it was a gangster he's the man but no he's um yeah it was it's just been really cool and um we love our place but then getting to host was like oh it's kind of Addicting so now I'm like okay you want to throw more events play for Christmas next year that's cool you have a very classic host house like you got like two living rooms thank you how would you know huh have you been to my house no we're not friends
11:05 so but you know decorating for Christmas too was important because like my nieces and nephews were coming so I was like I wanted them to like remember you're kind of like that like I wanted them to remember memories Christmas lights stupid ████ led reindeer in the lawn don't forget those ones either exactly yeah those are the magical ones yeah and my uh my nephew at the time got sick and then they had to like leave early and my niece and nephew crying on the way home which is good for me because they wanted to stay and they wanted to come back a little shot across the bow at my family being ████ degenerates because they can't stop being Hoarders my sister is a hoarder like my mother right it's like ████ a disease and my um nephews my nephew and niece
11:56 were like man like Uncle Stephen and Nikki their house is so clean like it'd be so cool for houses like this it'd be cool if you could see our driveway oh no and then my sister's like okay well you know how to do that right you have to get rid of your toys and I'm like this is why it's a disease Jesus ████ Christ blame it on someone else ouch they won't even know the toys are gone are they the kind that like they don't park the car in the garage because there's nowhere to put it yeah they just park it on the lawn because the driveway is full of like old boats and trailers and stuff garbage garbage unidentifiable things that look like AI best example best example this actually happened my niece hands my brother-in-law a block of wood that she marked up with a marker and it's like she Drew like Santa Claus looks like ████ I
12:46 and then it looks like ████ and then and then it's not gonna remember this yeah my sister hands it to my brother-in-law and she's like hey hey Jeff can you go like you know put this in the garage because like this is awesome and I just put it in the ████ garbage I'm like Jeff be a man putting a ████ burn in Jeff he did that he didn't have you think it's because she's gonna remember she goes she's in the garage she's like wait where's that where's Clara's ████ wood block Claire did a wood Buck where's the wood block with the ████ s█████ Sandy on it and you will you won't hear the end of it I'm telling you bro and yeah he knows because he's there when I'm not there like I'm not their Defender so he's like I'm gonna go down he's like Steve won't be here to defend me I'm going to go down ████ I get what he did because he's like he's like I wanna I really do but then he put it away in storage and I was like you
13:36 little ████ you little man you're a tiny little man oh man you guys did have a very like hosty house yeah it's nice yeah it's like coming kick it yeah thank you this is great I feel like Vegas though has a lot of space to create like a more middle class family environment which is so ironic because of itself ideal but it's so ████ like kind of Steph Steph were wifey it's like middle class 50s era golden like I love it what but it's thin City yeah but the cool thing is if you just don't go to actual strip it's like it's not there no it's like nice Riverside uh why would you go to Vegas then
14:26 I probably spent about um once a week going on to this trip like whatever at least one really yeah because I love people watching and I thought living in Vegas would ruin the Vegas for me and you're wrong but what ended up happening was I had so much more time to explore the other parts of Vegas that I didn't get to because every single time because it was a vacation what ended up happening was I'm just doing my favorites and then I go home and I was like you know what I'll go to Pawn Stars but I ain't here for that ████ that I'm here to do the things that I like to do like I got a gamble I Gotta Eat Here and then you're done right but then now I get to do the Pawn Stars the ████ big pinball thing I could do all these other side side missions I'm getting off a plane no joke no ████ I'm getting off a plane I'm coming back from JK this is like uh two months ago I
15:16 get off the plane there's Rick from Pawn Stars Boom right here it's close to me as you he was on the same fly as me and him and not chunley the other kid he was on his his son yeah they were both on the fight with me oh cool say what up I'm with the Pawn Stars but it's one of those things like I get now because like it happens to us in in public right because we're so ████ famous that like people like holy ████ I can't believe it's you and you don't want to do it to them yeah yeah yeah but no but it's one of those things where like you look at them for a second and then you're like [Applause] there's a few seconds where you think it's someone that you like you know each other and you go oh I know that's one way we're friends oh no that's a one-way Road you guys watched you review a civil war guys
16:07 I just tell them I'm a big fan like I saw Michael Bisping oh sick when I uh got to the airport oh ████ that's ████ Michael Bisping and then I could tell like he was just trying to get a sandwich but all the stores were closing so we just go from one store to the other and I was like uh I was like I could sell he's not in a good mood okay Michael was a big fan that's it you know I mean I give him a catch some like Bob Knuckles and then I just walked away because I I um I went to a Premiere in La of heat you guys know I love heat my favorite movies ever and I and Michael Mann was there and like afterward I I was like Michael man I'm a hugest fan ever I ████ love you and I I don't want a picture I just like I just wanted to shake his hand that's what I did that's right he's like thank you thank you that's almost better than getting a picture yeah yeah I just don't want to bug him too much but I bugged him anyway and then he pushed me he's like what he's I was like I don't want to bug you he's like like you're doing right now
17:00 [Laughter] that's the funniest thing when a fan was like Hey I don't I don't mean to erupt interrupt anything and they're literally like interrupting yeah it's the funniest thing ever I don't mean to interrupt at all I literally am with my body can I take a picture yeah and then the mini go yeah when we were at Boston Market in the valley Justin Bieber was sitting there was just him and his like what One Security whatever Victor Victor goes right up to like like goes down in the table hey Justin can't get a photo and Justin goes I'm eating
17:51 and the victors all okay I was like yeah dude easy like wait a little more dick huh yeah I can't believe you did that douchebag huh but we were all like Victor you're an idiot clearly he's like literally like about that yeah yeah he was about to start eating let the plane get to the ████ tarmac first get to the destination Justin Bieber's going in for surgery he's like hey can I get pictures laughs Anthony have you met anybody famous before me dude he's met like Jackie Chan all sorts of like not on a gig that's the that's randomly not not like that but like a greatest highlight of my life ran into
18:41 cold had to say hi I'm Anthony leader of the kinjas Jay King the leader of the kids now um what I did do was I I was uh I saw John Bernthal at uh Universal Studios whoa yeah and I think he's dope and the touch on beach full name yeah I I wanted to like say what's up and or get a photo but then uh he kept on kind of like walking this way walking this way and I don't want to stop forever and then by the time I was like all right cool he's posting up and I started going over but then like a bunch of like his either his kids or like other kids like Family Camp and I was like that's what you hit him with I don't want to interrupt but I was like three minutes into the journey too you know when you're into the chase you're kind of winning you're trying to be respectful and you're just kind of like going but it didn't work I met Mark rafala oh really yeah raffle tickets host Hulk too not like rom-com Mark raffle oh I meant Not Just
19:31 Like Heaven just like if that movie and there was a guy guy with him who's like you could tell that he was bugging more grapple he was like he's like his lawyer or some ████ but like he's going around telling everybody like I got Mark Ruffalo he's with me and ████ he's amazed my boy and we're boys we boys together and then you can tell Marcus just like God ████ damn it why I agree to this ████ should stay in my room but like he's like walk and mock raffle around like he has a petting zoo I'm like poor Mark had to take pictures with ████ like me yeah it was great it was really fun dude can I tell you real quick of mystery that I solved that like I res like one time I said it here and I didn't know the answer and now I do so like I I had said before that every time I sign up for a new app or something like a major app like Tick Tock or some kind of mail thing it'll go
20:23 oh would you like to add these people from your contacts and it would always come up Meghan Trainor is in my contacts no way I go how the ████ how do I I don't know Meghan Trainor yeah why is she it would always go oh you can add these people they're in your phone book I'm like which one but you don't know which one or number is because like I go through it I'm like I don't have her saved so if I ran a train on it Megan I think that's what it is and it was just a big pun so like I would try to figure that out I don't think that's what it is and then I thought back I'm like oh there was one time that I do remember Meghan Trainor went up to Redfoo when we were a club and she was like Hey like we should do music time and he was like yeah yeah and then she walked away and then he goes who's that and I was like that's closer ever came I didn't take her number down or anything so I'm like there's no way I have her in my phone turns out I go to a baby shower one of my friends and then
21:14 um one of her friends who I used to be on tour with when she was doing media she goes hey I'm making Trader's manager now and I went that's how cause her number she manages Meghan Trainor's accounts so it's her number that's on all of Meghan Trainor's personal ████ oh that's so ████ random isn't that dope well that's it it's not her it's it's your management it's your Management's personal number so you didn't run a train on Omega yeah what'd you bring that one up for yeah why'd you say that it's for a later episode when we're off for the record thank you
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