Ep. 171 - PART TWO: The $17 Trillion Reason Why 2024’s Housing Market is NOTHING like 2008

In this episode, we discuss the passionate reactions and comments sparked by our previous analysis of why the 2024 housing market is drastically different from the 2008 crash. We'll explore the current dynamics between sellers and buyers, the illusion of the housing bubble, and the lack of data supporting crash predictions. By examining equity positions, interest rates, and inventory levels, we'll reinforce our stance on why the housing market of 2024 stands apart from the 2008 crisis. Tune in for a thought-provoking discussion that separates facts from fear and provides a realistic outlook on the future of real estate.

[00:00 - 08:59] - Polarizing Reactions: 2024 Housing Market vs. 2008

[09:00 - 13:12] - Foreclosures, Job Losses, and Housing Market Realities

[13:13 - 17:16] - Addressing YouTube Comments and Criticisms

[17:17 - 21:21] - Current Housing Market Dynamics: Sellers, Buyers, and Expectations

[21:22 - 25:29] - The Illusion of the Housing Bubble and Lack of Data

[25:30 - 31:15] - Real Estate as an Asset Class and Concluding Thoughts

Key Quote:

"There's 17 trillion dollars in equity out there and an asset bubble cannot be willed." - Quinton Harris

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