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S2E153 My Bold Predictions: The Surprising News for 2024

It's a Good Life

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The State of Home Sales and Prices

This chapter discusses the current state of home sales and prices, projecting that sales will be around 4 million, similar to the foreclosure crisis in 2008. Despite lower sales, home prices remain near record high levels due to ongoing supply challenges and the housing shortage gap. The chapter also explores the strange situation of consumers revolting against the real estate business despite its success, and highlights the difference between the economy and the real estate industry in terms of performance.

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