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Are We Heading for a Housing Crash in 2022?

Are We Heading for a Housing Crash in 2022?

FromAfford Anything


Are We Heading for a Housing Crash in 2022?

FromAfford Anything

ratings:
Length:
60 minutes
Released:
Oct 11, 2021
Format:
Podcast episode

Description

Hey Podcast family! Enrollment for our flagship course, Your First Rental Property, is open from now until Thursday, Oct 14 at 11:59 p.m. Pacific! If you want a structured, step-by-step framework to guide you from “clueless novice” to “confident investor,” this course is for you. Your First Rental Property provides all the knowledge, structure, support, spreadsheets, checklists, red flag warnings, and other tools you need to make smarter investing decisions. Last chance! Enrollment closes on Thursday at 11:59 p.m. Pacific: See you in class! https://affordanything.com/enroll ——- The real estate market in 2021 has been bonkers. That’s the technical term. From 2012 to 2020, home prices nationwide rose at an annualized average of 5.8 percent per year. From April 2020 to April 2021, home prices climbed 17.2 percent. This sudden surge in prices has many homeowners and would-be investors fearful of a crash. The memories of the stark price run-up prior to The Great Recession are all too salient. What goes up must come down, right? Not exactly. In this episode, we walk through market fundamentals — discussing housing supply, lumber prices, and the distinction between cheap credit vs easy credit — to illustrate how today’s market is unlike anything we’ve ever seen. More importantly, we offer tips for everyone —.whether you’re a renter looking to get into your starter home, an empty-nester looking to downsize, an owner-occupant who wants to lock in your gains, or a curious aspiring investor who wonders if it’s too late. Enjoy! For more information, visit the show notes at https://affordanything.com/episode343
Released:
Oct 11, 2021
Format:
Podcast episode

Titles in the series (100)

You can afford anything, but not everything. We make daily decisions and create habits around how to spend money, time, energy, focus and attention – and ultimately, our life. Every decision is a trade-off against another choice. But how deeply do we contemplate these choices? Are we settling for the default mode? Or are we ruthlessly optimizing around a deliberate life? Are we creating financial independence, early retirement and debt freedom? Are we managing money wisely? Host Paula Pant interviews a diverse array of entrepreneurs, early retirees, millionaires, investors, artists, adventurers, scientists, psychologists, productivity experts, world travelers and regular people, exploring the tough work of living a truly excellent life. Listen to her interviews with Clark Howard, Gretchen Rubin, Cal Newport, James Clear, Chris Guillebeau and Dave Ramsey daughter Rachel Cruze. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape