2min chapter

Animal Spirits Podcast cover image

Is the Housing Correction Over? (EP.315)

Animal Spirits Podcast

CHAPTER

The Market Is Rationally Punishing the Market

From 2017 through 2019, it was doing around 20%, pretty consistently. And then pandemic happened and it basically went, nose dived Pandemic economy reopened. Investors rationally overpaid for the growth and are now correcting the other side. That era of free money is overIt. The runway, the runway is done. No more. If you're losing money and you can't turn around, you're done.

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