09.14.22 Home Renovation & Contractors / Audible Change- OTC Hearing Aids

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 14 September 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Transformational shifts are underway in how we buy and own homes.. There’s a home improvement boom in progress around the country, but timing is everything. Get Clark smart about when to renovate and how to choose a contractor. And - Now hear this! The average price of hearing aids in the U.S. is around $2700, compared to $200 in the rest of the world. The long awaited end of this pricing cartel will bring both opportunity and some pitfalls over the next few weeks. Home Renovation: Segment 1 Ask Clark: Segment 2 The Arrival of OTC Hearing Aids: Segment 3 Ask Clark: Segment 4 Mentioned on the show: 6 Tips for Hiring a Contractor Leaving an apartment? Here's how to avoid those move-out charges Hearing Aids Will Soon Be Sold Over The Counter Follow these 5 steps to prevent a hotel bed bug attack Major Tax-Reporting Change for Users of Venmo, PayPal and Others Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve
0:09.5	you and empower you to make better financial decisions in your life.
0:15.3	Now, one thing I'm not, HGTV, I mean I think Astrid Turf is beautiful, but I want to
0:22.8	talk about something that is going to be so central in our lives moving forward.
0:31.1	And that is Americans are going to go through a radical transformation in how home ownership
0:39.1	works.
0:40.7	We're going back to the way things worked in America 50 and more years ago and I'm going
0:48.0	to explain that it's going to change us and how we buy an owner house.
0:56.6	And I'm getting that.
0:58.0	Another thing that's going through an incredible change is we have tens of millions of Americans
1:06.2	who have hearing loss, but have never done anything about it because they couldn't afford
1:13.4	to.
1:14.4	We're all changing and I wanted to tell you about the opportunity and the pitfalls of
1:20.5	what's happening in the next few weeks.
1:24.1	So if you go back in American history or you look at countries elsewhere in the world,
1:32.3	when people bought a home in the United States up until really this started changing in
1:38.5	the 1970s, people would stay in a home.
1:42.6	The first home they bought, that was their home.
1:45.4	There was no concept of a starter home really except rarely that you'd go into your first
1:51.8	home and then after a few years, you'd move to a newer, bigger home and then a while
1:57.0	after that, you moved to another home and then you'd cycle into this fourth home and
2:01.6	on like that.
	...

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