2min chapter

The Compound and Friends cover image

When in Doubt, Zoom Out

The Compound and Friends

CHAPTER

The Rise and Fall of the Homeowner Equity Market

U.S. homeowner equity is 49% of the national total in the second quarter, up from 27%. The value of houses going back up again means most people are not looking to sell because they don't want a new mortgage. People just have built up a lot of equity. They're okay on their mortgages. You could refinance no problem for three years. That's not the kind of thing that changes overnight. It would be really hard to have a recession without home prices falling. And they're just not falling and they're not turning over either.

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