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The School of Greatness

Everything You Need To Know About The Housing Market w/ Jaspreet Singh EP 1313

The School of Greatness

Lewis Howes

Entrepreneurship, Fitness, Inspiration, Greatness, Health, Money, Celebrity Interview, Self Care, Celebrity, Success, Mental Health, Relationships, Mindset, Health & Fitness, Education, Alternative Health, Business, Self-improvement

4.821.6K Ratings

🗓️ 31 August 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. Although he didn't receive any formal financial education, he is on a mission to make financial education fun and accessible.

Transcript

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0:00.0

We assume that the reason why we're not successful is because we don't have the right tool set when in reality for most people is we don't have the right mindset.

0:07.0

It's not a tool set issue, it's a mindset issue that so many people have where if you have the right mindset, you'll realize that the tool set is right and funny.

0:15.0

We just better.

0:16.0

Welcome to the School of Greatness.

0:19.0

My name is Lewis Howes, a former pro athlete, turned lifestyle entrepreneur.

0:23.0

In each week we bring you an inspiring person or message to help you discover how to unlock your inner greatness.

0:31.0

Thanks for spending some time with me today. Now let the class begin.

0:40.0

So do you think there will be another kind of housing crash like there was in 2008?

0:45.0

What do you think is happening right now?

0:47.0

Where do you think it's going to be heading in the next year? I want to talk about the housing stuff for a little bit with you.

0:53.0

So that's a very good question and the reason why is because there's a lot of scary stuff happening out there.

0:58.0

Inflation is still near record highs.

1:01.0

What's it at right now?

1:02.0

Our last report was 8.5%.

1:05.0

Do we think it's going to keep going up?

1:06.0

Well, we'll get into inflation a little bit.

1:08.0

We have our GDP, our economy, which is slowing down.

1:12.0

We've seen two quarters of economic slowdown. Our market stock market is way off its highs.

1:17.0

Now we've even seen it starting to slow down. Interest rates are starting to go up.

1:20.0

And this has a lot of people wondering now what's going to happen to the housing market?

1:23.0

Like you said, are we going to see a repeat of 2008?

1:26.0

And the reason why that question is asked so much is because 2008 has really left a huge impact on so many people's lives.

...

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