Jon Brooks

My friends in their 30s are deciding not to have kids They’re saying two things: They don’t have the money It’s inconvenient to their lifestyle This is not good. What do we do?

@APompliano @MenthorQpro yikes.

“Siri, show me how unprecedented the oil price spike is…” (H/t @MenthorQpro)

@theficouple @robbiehendricks underwrite very conservatively.

@robbiehendricks I’m more bullish than ever before @robbiehendricks on the 2-4 unit space. Just started with a new client doing 2-3 of them a month in Cleveland

Young RE Guys: Please stop romanticizing institutional-sized multifamily real estate and "going big". Once you start looking at deals around 100 units or so, margins get tighter and tighter. Owners are savvier. 99% of them aren't going to sell to you off-market because you can "close fast with cash". They're not in the business of taking a 25% haircut to save on the "hassle from listing with a broker". There's something to be said for sticking to the 20-60 unit space. There is a lot more upside in those little deals where older owners have no scale, no systems, and no efficiency. A fair price to them might be an exceptional basis for you given your knowledge of how to more efficiently add value and manage those smaller properties.

@WallStreetMav Florida is great, just that our wages havent kept up with shelter costs. that is the main problem with Florida right now.

Florida’s state budget is $117 billion. Florida's population is 23.7 million New York's state budget is $237 billion New York's state population is 20 million New York City’s budget is $127 billion. It's population is 8.4 million Florida is thriving. NY and NYC are in crisis.

@Georgesantos absolutely agree

The senate no longer represents a majority of Americans. The age of the average US Senator is 65 and the average age of Americans is 39. We don’t have people representing us that understand our struggle or social challenges. We need a national renewal of government!

@alanthefisher I wish we had walkable cities.

Because a decent chunk of Real Estate in this country relies on cheap gas. Its only accessible via car, and because of its low density its built far away from real job centers. This means that the value of these properties would tank if the price of gas/energy rises to the point where commuting from these places costs more than the saved value of moving out here to own these homes

@ImBreckWorsham it's $4/gallon in jacksonville florida now

Gas is creeping up toward $4 here in coastal South Carolina. Trump says it's "no big deal." What are the gas prices in your area and how is it impacting you? Sound off.

@GlobalMktObserv that decline will get a lot worse.

🔴The US private credit industry is facing its biggest CRISIS in years: The combined market cap of Blackstone, KKR, Apollo, Brookfield, Ares, Carlyle, and Blue Owl has fallen ~$200 BILLION since mid-2025 to ~$450 billion, the lowest since early 2024. Stocks of major private credit firms have plunged -25% or more year-to-date, as a wave of redemptions hits the $1.8 trillion industry. Meanwhile, Goldman Sachs estimates that retail credit fund assets grew from $34 billion at the end of 2021 to $222 billion at the end of 2025, but that growth has now gone into reverse. Goldman projects private credit funds could lose $45 billion to $70 billion in assets over the next 2 years, a potential decline of up to -30% from the 2025 peak. The funds that have already reported withdrawals manage ~$166 billion in portfolios, a fraction of the ~$1.5 trillion invested across direct lending funds, but the contagion is spreading. Notably, BofA compared the turmoil to the early days of the 2008 Financial Crisis, when subprime was "contained" until it was not. The private credit unwind is accelerating.

@wallstmemes hah. that's so dumb.

If you're having a bad day, remember that someone paid $450,000 to live next to Snoop Dog in the metaverse

@TheBrokeAgent flat fee mls lol, it's been around.

The guy sold his house with ChatGPT is literally just a FSBO.

@mikesimonsen cool!

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@barbarismcrit these are brand new homes. they're updated. but they're crap builds.

Yeah most people can’t afford to spend half a million dollars for a shitty 1300 sq ft house that hasn’t been updated

@MoneyJrod yes the math stopped mathin'

There’s a strong chance that no… you shouldn’t buy that rental property Just put in the market. Buy the S&P index fund Max out your Roth Get your 401k match Keep doing this for years

Is now a good time to buy real estate?

@cherrygarciafan and most of the real estate markets haven't even gone negative yet. that's just getting back to near 0 growth.

Doesn’t seem very bullish to me. When loans default money is destroyed. I know consumer prices are high but try to see the big picture. Deflation Link below

@theficouple they say that because these areas are either really affordable or because their housing market is so bad.

Top 5 cities to buy a home in 2026: 1. Indianapolis, Ind. 2. Atlanta, Ga. 3. Charlotte, N.C. 4. Jacksonville, Fla. 5. Oklahoma City, Okla. ...Did I miss any!?

@AskXeela yep.

@jonbrooks miami insurance alone is enough to make the numbers fall apart. plus hurricane risk. people buying the dream, not the math

Just got back from Miami… the real estate there is completely overpriced The numbers make no sense

@RealJoshPerry that's F u money right there.

@jonbrooks Property owners are aware that people from out of state will pay more just to say they have a house in Miami. They buy the clout.

@CookResearcher yeah miami seems overbuilt. outskirts are also overpriced.

@jonbrooks We are the early stages of a real estate bust. It’s hit the rest of Florida hard. When will it come to Miami? Overbuilding signs are everywhere in Miami.

@BecauseCulture HOAs are getting bad, too.

@jonbrooks Real estate prices aren't crazy in a US context; it's the carry cost. And double whatever HOA they're telling you.

@IAmAdmirX it's very possible to see a larger correction in the next 2 years if rates remain elevated.

@jonbrooks Wait 12–24 months. Prices will collapse by at least 20% worldwide.