
Episode 34 - Chuck Marohn w/ Anarcho- Contrarian and Kara Marshall
Doomer Optimism
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The Housing Market Is the Thing That Drives the Economy
The housing market has always been the thing at the leaning edge that has driven the underlying economic. We are in an unprecedented level of housing price expansion, completely unmoored from what people are actually capable of paying. That effect has been felt most acutely over the last decade in urban areas and now it is being felt even in an even greater degree in towns a. My little house, i saylittle house, i live in a former almost mansion. It was built in 19 14. It's like 32 hundred square feet. I paid 220 thousand for my house. Zillo has it worth almost 400000 to day,. And that's five years later. But if you're just starting out at
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