Coin Stories Melody Wright: Housing Market 'Hurricane' Approaching
Sep 21, 2023
Melody Wright, with 25 years of experience in banking and financial services, discusses the challenges of affordability in the housing market such as cash offers, increasing property taxes, and government lending. She also talks about the impact of decreased income, increased debt, oversupply, and the end of COVID programs on the housing market. The speaker advises understanding risks and hints at potential opportunities in certain markets.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 4min
Reflections on the Great Financial Crisis
03:38 • 10min
Challenges of Affordability in the Housing Market
13:12 • 4min
The Current State of the Housing Market: Decreased Income, Increased Debt, and Oversupply
17:15 • 10min
The End of COVID Programs and the Challenges Ahead
27:34 • 5min
Timing and Risks of Buying a House
32:47 • 10min