Unaffordable Housing Market Still Due To Correct By 30-40% | Nick Gerli
Thoughtful Money with Adam Taggart
Analyzing Housing Market Valuations and Historical Trends
The chapter delves into the evaluation of housing market valuations in various states and metros, identifying undervalued and overvalued areas based on historical norms. It discusses the historical relationship between home prices and median household income, highlighting the need for caution in booming pandemic areas and potential market corrections. The conversation also explores the impact of past housing development booms on craftsmanship quality and the importance of land value in real estate investment.
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