Inflation, Recession, Interest Rates, the FED... There's a lot of chatter around the economy and housing. Housing's combined contribution to GDP generally averages 15-18% of the GDP, that's everything from actual purchases to building, to insurance, to mortgages, to the commission, building material, etc...
There's a lot at play when it comes to real estate in the United States so let's take a look at what is going to happen over the next few months.
Famed economist Robert Shiller says there is a ‘good chance’ of a recession
https://fortune.com/2022/06/08/recess...
After 7 straight quarters when Americans got richer, household net worth just fell by $500 billion
https://fortune.com/2022/06/09/total-....
Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash
https://www.marketwatch.com/story/all...
Timestamp:
0:00 - Intro
1:27 - Famed economist Robert Shiller says there is a 'good chance' of a recession
2:37 - "The fear can lead to the actuality," the famed economist argued
3:24 - Most economists are more optimistic
4:56 - After 7 straight quarters when Americans got richer, household net worth just fell by $500 billion
6:56 - Buyers are officially spooked by rising interest rates
8:25 - Home prices have correspondingly started to rebalance
10:16 - Conclusion
#realestate2022 #Crash2022 #tristanahumada #entrepreneur #realestatecrash #thebubble #housingbubble #housingcrash
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