3min chapter

The Joe Walker Podcast cover image

Housing Bubble Week: Speculation And Unchartered Waters - Chris Joye

The Joe Walker Podcast

CHAPTER

The Effects of Labor's Policies on the Housing Market

I used to say that the next housing correction is likely to be very different because it will be an investor-dominated correction. The marginal buyer and seller will be investors, not on an occupied home. And if you have in contrast to past drawdowns in the eyes of your housing market or past downturns,. If this drawdown, which it is dominated by investors, then the expectation impact could be much, much greater. It's pretty dicey. I am nervous. I've slightly underclubbed the 10 to 15% if labor comes to power. I'm worried it could be 15 to 20%. But messing with expectations at a time when the market is dominated by Investors has never seen

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