Rising Debt and Credit Challenges

The American Dream is increasingly being questioned as financial challenges mount for many Americans. With 84% of the population believing it's a bad time to buy a home, the podcast dives into the shocking statistics surrounding homeownership costs, credit card debt, and the soaring rejection rates for loans.

➡️ Hosts Saied and Chris share their candid thoughts on the current economic landscape, including the burdens of rising prices and stagnant wages. As they navigate the complexities of the housing market and consumer debt, they highlight the importance of financial literacy in these turbulent times. Join them for a sexy yet insightful conversation that blends laughter with valuable lessons on navigating today’s economy.

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🔗 Resources:

The U.S. government’s hiring spree: 50,000 workers per month and its implications (Bravos Research via X)

Analyzing inflation and its long-term effects on the economy (Vlad the Inflator via X)

A deep dive into U.S. housing market inventory trends post-pandemic (The Kobeissi Letter via X)

54% of the nation's largest housing markets surpass pre-pandemic inventory levels (Resi Club Analytics via X)

Mortgage purchase applications: A historic downturn across years (Nick Gerli via X)

Buying a home in 2024 cost 42% more than renting one (Yahoo! Finance via Instagram)

Auto loan delinquencies hit higher rates than the 2009 peak (Skorus Ark via X)

⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.