Description
Housing volume cycle vs. price cycle. For a housing downturn to occur, you have to have low inventory and stressed sellers. But with inventory and mortgage rates so low, Jason asks "Where is the distressed homeowner?" "Where is this so called 'crash?'"
Join Jason and Eric Basmajian of EPBMacroResearch.com for the second part of their conversation as they look at the nuances of the "housing market," discussing why he believes a housing crash is not on the horizon-yet, the market cycles happening in the cyclical markets like San Francisco, Los Angeles, New York, Chicago etc. its challenges and where it might be headed.
Key Takeaway:
0:47 Who’s driving the NAHB/Wells Fargo US Market Housing Index?
1:37 Residential Building Employees
2:31 Housing construction woes
4:37 Supply of US single-family homes
7:07 The Fed’s poison pill
8:53 Protecting the asset
9:32 Housing is the business cycle by Edward E. Leamer: Volume vs Price Cycle
11:02 Financial debt + household debt to GDP
12:07 The current volume cycle: less inventory
13:35 Price cycle is more vulnerable in the new construction market
14:55 Volume cycle in the large institutional home buyers
16:49 The monetary and fiscal policy response
18:15 Sell to get the rate of inflation down
18:51 Exploiting the last cheap labor market: Africa
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning:
http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand:
https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing:
https://www.PandemicInvesting.com
Jason and Richard of Quinn Residences finish up their conversation about the current state of the housing market, which is facing a significant shortage, particularly for affordable homes. Rising home prices, interest rates, and maintenance costs have made homeownership more expensive than...
Published 10/17/24
The build-to-rent (BTR) trend is growing, with institutional players becoming more involved in the real estate market. Richard Ross, CEO of Quinn Residences, discusses the factors driving the demand for BTR homes, including a shortage of affordable housing, aging millennials, and the pandemic’s...
Published 10/03/24