meta_pixel
Tapesearch Logo
Log in
The Clark Howard Podcast

11.07.22 A Potentially Perilous Home Buying Trend / Airfare Booking Strategy

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 7 November 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

A new home buying trend is emerging that allows more people to become homeowners - BUT there are major considerations before entering into something very difficult to exit. Also, air travel patterns have changed, one of several factors driving up fares. Clark has 2 booking tips that can help you save in this current travel environment. Home Buying Housemates: Segment 1 Ask Clark: Segment 2 Airfare Strategy: Segment 3 Ask Clark: Segment 4 Mentioned on the show: The new American dream is buying a house with friends: 'It's a co-parenting model, it's a co-economy model, and it's a really great friendship and support model' NYT - Grand-mates: Generations Sharing a Special Bond (and Sometimes the Rent) Why Clark Howard Wants You to Set Up a 'Financial Chromebook' United Airlines says hybrid working could help keep travel demand surging, despite US airfares rising by 43% over the last year Follow Clark Howard's #1 Rule To Travel Cheap Top Travel Deals - Clark Howard Priority Pass | Airport Lounge Access 6 Things To Know About the Capital One Venture X Rewards Credit Card 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

Click on a timestamp to play from that location

0:00.0

I'm so glad you're with us here on the Clark Howard show our omissions to serve you

0:09.7

and empower you.

0:12.0

So you make better financial decisions in your life.

0:14.9

And today I want to talk about a new trend in buying homes that is making me nervous

0:23.0

sharing the purchase with family or friends.

0:28.7

What have we been talking about how expensive travels become?

0:32.3

Is that here to stay?

0:34.1

And whether it's here to stay or not, what do you do today if you need to buy travel

0:40.1

to bend the pricing to your budget at least partway?

0:44.8

I'm going to fill you in.

0:47.2

So the big run up in housing prices has made people really rethink purchasing.

0:54.4

And people are purchasing homes together with a friend, with a family member, whatever

1:00.8

people are doing, a variety of things to try to be able to afford a home.

1:08.3

And I will tell you based on years of experience that these situations can blow up because

1:16.0

I really only seem to hear from people when it has blown up on them where they bought

1:22.2

a home with a friend, a family member, one case, a work colleague because it helps you

1:30.4

get in the door.

1:32.2

But then lots of things can go wrong other than just money or relationships like an example

1:38.9

is what happens if you move in with someone in your co-owner house and you're sharing

1:45.9

the common space, you're sharing the kitchen, you're sharing the living room, you're sharing

1:50.4

the home still have dining rooms, I guess it depends on the home.

1:53.6

But you're sharing those common spaces in each have your own room, hopefully you should

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.