Housing Market Crash: It's Coming & This is WHY!!
Hey Guys,
If you've been paying attention to housing related headlines lately, you might have noticed that there's a bit of a paradox playing out. Housing costs seem to be coming down, but in some places housing costs and even rents continue to hit record highs.
This paradox can be simply explained when you consider that the housing market isn't all that different from any market. This means prices are fundamentally driven by supply and demand, both of which have been affected by interest rates, the pandemic, etc.
Although demand is still relatively strong, the supply of new housing is starting to flood the market, and not just from home builders. Call me crazy, but I think we could be on the cusp of a massive housing crash.
Blackstone sure seems to think so.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Monthly Supply Of New Houses USA: https://fred.stlouisfed.org/series/MS...
► European House Price Growth: https://tradingeconomics.com/european...
► Median Price Of Existing Homes USA: https://fred.stlouisfed.org/series/MSPUS
► Median Price Of New Homes USA: https://fred.stlouisfed.org/series/MS...
► Manhattan Rents Hit Another Record High: https://edition.cnn.com/2022/08/11/ho...
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
