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Ken McElroy Show
Will Home Prices CRASH? Inside the Housing Market: Ken & Danille McElroy talk with Todd Sachs to Unpack the Trends
Dec 12, 2024
Todd Sachs, a seasoned real estate broker and podcast host, joins Ken and Danielle McElroy to unpack current housing market trends. They delve into the challenges faced by first-time homebuyers and the financial hurdles from rising costs. The conversation highlights the impact of investor actions on property prices and the shift toward rentals. Personal anecdotes add flavor as they explore the importance of mentorship and evolving dynamics, offering valuable insights for navigating today's complex real estate landscape.
01:17:42
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Quick takeaways
- Personal experiences play a critical role in shaping perspectives in the real estate market, influencing practices and decisions of entrepreneurs.
- The impact of institutional investors on home prices and the ongoing affordability crisis poses challenges for first-time homebuyers in today's climate.
Deep dives
Importance of Personal Experience in Real Estate
The dialogue highlights the significance of personal experiences in shaping perspectives within the real estate industry. Todd Sachs interviews successful real estate entrepreneurs, Ken and Daniil, about their unique journeys, emphasizing how their backgrounds and experiences have influenced their current practices. Ken shares insights into his roots, noting the impact of his upbringing on his entrepreneurial spirit, particularly through the lens of mentorship and practical experiences like managing apartment buildings during his college years. Together, their stories illustrate the importance of learning from various aspects of the business, including both successes and challenges faced in the market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode