26 min listen
Supply and Demand For House Prices Is A Myth
Supply and Demand For House Prices Is A Myth
ratings:
Length:
56 minutes
Released:
May 17, 2023
Format:
Podcast episode
Description
Once again we at Money Tree Investing Podcast are pulling back the curtain on the wizard and spilling the beans on Wall Street Secrets. This week we dispel the notion that supply and demand for house prices is why house prices are still high even though people cannot afford them. It's simply not true. Think about it for a moment. There are 100 widgets in supply. There are 100 people who want a widget. There should be a price that could be agreed upon to purchase those widgets. However what if I only have $100 and the widget costs $1,000. I guess I'm not buying that widget. I still want the widget, but I cannot buy it unless the prices is $100 or lower. That is effectively what is going on in the housing market. Sorry Wall Street. Try your tricks on someone else. Join us this week as we discuss the dynamics of housing, why its still expensive, even though people cannot afford to buy a home, what's up with the unemployment rate, and the big question... where is the recession? For more information, visit the show notes at https://moneytreepodcast.com/supply-and-demand-for-house-prices-503
Released:
May 17, 2023
Format:
Podcast episode
Titles in the series (100)
MTI001: Miranda Marquit on Personal Finance and Growing Your Wealth: In this very first episode of the Money Tree Investing Podcast, Nick Kraakman interviews fellow panel member Miranda Marquit from PlantingMoneySeeds.com on the topic of personal finance. Miranda also shares her number one tip to grow your wealth. by Money Tree Investing