The GoldSilver.com Team
APR 18, 2023
“If you pay taxes in California, you should be ticked off…” – Mike Maloney
California has recently started using taxpayers’ cash to fund 20% down payments with 0% interest for homebuyers, further inflating the real estate bubble. If you’re a homebuyer in California, Mike says that you’re being charged to keep this housing market charade going.
It’s another reminder that politicians will often meddle in the economy, despite their lack of understanding of how their policies can affect markets. China and Australia implemented similar policies and both ended in disaster.
But that’s not all – Mike shares a few other highly concerning warning signs the real estate collapse is already happening.
Mike Maloney is host of the smash hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book, Guide to Investing in Gold and Silver, and founder of GoldSilver.com – a global leader in precious metals investments. For more than a decade, Mike’s traveled the world sharing his economic insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street. Get a copy of his new book.
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