122 - Inflation Affecting First Time Home Buyers
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 30 August 2022
⏱️ 23 minutes
🧾️ Download transcript
Summary
What is this inflation all about? It's hard enough to try and buy your first home in this ever increasingly unaffordable housing market, and now you have to deal with inflation? In this episode, David breaks down how inflation works, where it could head, and how it will affect you and your plans to dump your rent someday. While everything is going up, especially in rents, you should equip yourself with the knowledge to combat the rising inflation affecting home buyers. Tune in to this episode as David Sidoni ventures into the inflation sensation that sweeps the nation!
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | Hello, how to buy it, homies. |
| 0:02.1 | Well, thanks for joining. |
| 0:03.6 | It's good to know a nerd. |
| 0:05.5 | Yeah, that's me, your real estate nerd. |
| 0:09.0 | Today you're going to hear my inner nerd get a little testy about everybody talking about |
| 0:13.9 | this whole inflation thing. |
| 0:15.3 | Before this year, you maybe never even heard of inflation, even though I nerded out about it and I put it on an |
| 0:22.3 | episode in December of 2021. But I bet you know about inflation now. Yeah, you can't get away from this |
| 0:29.4 | topic. So let's revisit it. And we're going to find out what you can do about it. The inflation |
| 0:34.5 | sensation that's sweeping the nation. Let's do this. Hello and yes, |
| 0:53.5 | it is I, David Sidoni, and this is the How to Buy a Home podcast, and I am your personal nerd information machine using all of my powers of dork research and a lack of an exciting social life to bring you all the data and analysis that you need to eliminate your worthless rent to help you live a more prosperous and secure |
| 1:12.1 | financial future and to protect you from the dangers of an unpredictable and constantly |
| 1:18.0 | changing economy. Today we're going to focus again on that last part. I say again because I told |
| 1:24.5 | you all about this in December. You know, the changing economy apart, |
| 1:28.5 | have you noticed a change recently? That little thing they like to call inflation? You know, |
| 1:33.9 | it sucks about being your super nerd spewing into this microphone since 2019, giving you all |
| 1:38.5 | the mad math facts and market data that you can handle? I'll tell you what sucks about it. |
| 1:43.3 | It's that there's a cyclical factor |
| 1:45.1 | to all markets. And in order to help you prepare for what's coming, there's no way that I cannot |
| 1:51.5 | sound like a crotchety old boomer. Once again, I am not a boomer, Gen X, baby. I get it. You 20 and 30 |
| 2:00.1 | year olds think that I sound suss. |
| 2:02.0 | Like, I've got no clue what's going on since my old ass had it easier than everyone else, |
... |
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