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Talking Real Money - Investing Talk

Are Homes Too Expensive?

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 10 August 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Don is back from vacation while Tom is well into vacation and yet they managed to get together to discuss the relative unaffordability of single family homes. Are homes more expensive than ever? Plus, homeowners are borrowing record amounts of equity from their homes. Then we hear from listeners: How can I essentially gamble with my retirement money in penny stocks and IPOs? On track for an early retirement at age 55? Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions...

Transcript

Click on a timestamp to play from that location

0:00.0

Reality Radio for a really great future.

0:08.0

We're talking real money.

0:10.4

Welcome to the strangest talking real money episode ever.

0:15.4

Let's see.

0:16.4

How does this work?

0:17.4

I just got back from my cruise and Tom's in Lake Shalan. Is that how this works?

0:27.0

Something like that. I'm trying to figure this whole thing out that, you know, is it a Schrodinger's

0:32.8

cat thing? If Tom is really, isn't really there, is he alive? Does he exist? And if I wasn't here and I am,

0:42.4

I'm sorry, this quantum physics thing is confusing me. Let's just talk about money, shall we?

0:47.2

Hello, everyone. I'm Don't know how I'm here, but I am. Over there, Tom Cock, I don't know how he's

0:52.5

here, but he is. And we are going to talk with you right there, wherever you are. We don't know that. Over there, Tom Cock, I don't know how he's here, but he is. And we are going to talk with

0:55.1

you right there, wherever you are. We don't know that you're there because we haven't opened

0:59.2

the box to see if you're in there, but we assume you are. We're going to just go with that.

1:04.4

Today on the Talking Real Money, Exciting, Exciting, Exciting Podcast, we're going to talk about

1:08.6

investing in owning and investing in real estate.

1:12.5

And we're talking single families here. The kind of stuff, you know, that the American dream,

1:18.7

owning your very own single family dwelling with a white picket fence and a swing set in the

1:25.7

backyard for those chillings you're going to have.

1:29.3

And somebody today is suggesting they want to get a miniature cow and put it in their back,

1:34.6

which I didn't even know there was such thing.

1:35.9

I said it's the same size and medium sized dog.

1:38.1

You can buy a mini cow?

...

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