Ep. 94 - The Real Enemy to Your Real Estate Investment Dream: Fake Headlines
A viral social media post has surfaced that predicts 40% of all single-family homes in America will be owned by Wall Street by 2030! Or will it? In this episode, we uncover the current state of the U.S. housing market, and whether or not we’re entering a rental economy as the headlines suggest. With actual data showing the real stats calling for Wall Street ownership, this will provide financial literacy on understanding how headlines use stats as a scare tactic. So, it's time to put a magnifying lens to these claims and get some advice on how to get into real estate as soon as possible.
Jump right in if you want TRUE insights into the current housing market and how to protect yourself when renting or buying a home.
[00:01 - 05:21] Exposing the headlines: Wall Street set to own 40% of the US single-family housing market by 2030?
[05:22 - 10:04] Debunking the fear of Rentalnomics and fake podcasters
[10:05 - 15:06] The reality of the housing market based on fact
[15:07 - 18:54] Renter advice: hidden fees may be lurking behind lower rental prices
Quotes:
"My goal is to provide financial literacy to the common person… We are a stat haven. We get a ton of this information, and we look for this, and we scour it, and we search it." - Quinton Harris
"This goes back to simple economics. And the reason you can say that we're not a rentalnomic type environment is it's simple as this. We have way more population of buyers." - Quinton Harris
“Sometimes things are being done out of need and necessity, and it's not always out of greed… There were a lot of greed fingers being pointed, and that's not the case in some of this." - Quinton Harris
Resources Mentioned:
- Watch the clip here --> https://www.instagram.com/reel/Cw-22Xyvh7-/?igshid=MzRlODBiNWFlZA==
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