2min chapter

The School of Greatness cover image

Money Habits To Prepare Against Inflation, Market Crashes & A Recession EP 1283

The School of Greatness

CHAPTER

Why You Shouldn't Buy a Home When Interest Rates Are High

I look at buying a home the way i buy a shirtad for me, a home is not an asset, its a liability. You don't want to buy an investment property or an investment because i want to make money. If you can't afford it, if you're stretching yourself too thin, you don't buy. But again, if interest trets drop, ind you own a home, re finance, right? And so remember, it's untrest almost, almost, almost good to buy it when interest rates are high and then in a year or two, interest rates drop in half,. I think people get sucked into try to time the market.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode