The Best One Yet cover image

👡 “When Birkenstocks get bullied” — Elon & Jack’s Texas bit-mine. Birkenstocks’ store wars. Home-flation drama.

The Best One Yet

00:00

Housing Is the Biggest Pendemic in the Housing Market

The federal reserve is raising interest rates ecause they want tofight inflation. Unfortunately, all those higher interest rates mean higher mortgage rates too. So add together the 15 % jump in home prices with doubling of mortgage rates, you've got home flash boom. The monthly payment for the average mortgage in america, on the average new home in America, is up 55%. Out of all the pendemic and balances, yet, like serial lucky charm sweaters used cars, housing is the most persistent and impactful pendemic in balance.

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