Wealthion - Be Financially Resilient cover image

Home Foreclosures are Surging. Repeat of 2008 Mortgage Bust Coming? | Nick Gerli & Amy Nixon

Wealthion - Be Financially Resilient

00:00

The Right Time to Buy a Home?

When you look at 14 million and you think about what inventory we would need to get back to even those 2008 levels that people are always talking about. Two to three million is a very small percentage of that 14 million of vacant homes. And if they're held by sort of the aging demographic of our population, again, if we're in a recession and prices start to turn down,. You've got older people sitting on maybe two or three extra homes, rental homes, vacation properties, that's their retirement.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app