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The Ramsey Show Highlights

I’m Still Freaked Out About the Housing Market

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 10 November 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, & Kristina Ellis. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

this is the ramsie call of the day part of the ramsie network all right let's jump to the phones

0:12.3

nick is with us in virginia hi nick welcome to the ramsie show thank you day thank christina i'm

0:18.6

i got my gazelle card a few weeks ago. I'm holding up high right now.

0:21.6

All right. We need to put like a light on it so you can hold it up like a cell phone, right?

0:27.3

Have a concert. All right. What's up, man? How can we help?

0:30.6

Yeah, Dave. So I'm moving from D.C. to Greenville, South Carolina. We're looking to buy a home in December and then selling our current home

0:38.6

in D.C. in February. I've listened to the real estate reality check. I read the blog post.

0:44.2

I think you put out a month, like a month after that. I'm just still worried, you know,

0:49.3

and might find ridiculous, but I just am still worried about housing prices crashing,

0:53.7

getting stuck in between two houses, everything like that.

0:56.8

I'd love to hear some more of your thoughts on that and some more reassurance.

1:00.2

Well, I mean, since Washington continues to layer stupid upon stupid, there's a lot of reason for us to be a little worried. I mean, you's, you know, you just keep watching them. I mean,

1:13.1

how many more dumb things can you people do up there? And so I, not you personally, but I'm just

1:19.0

saying, D.C., you know, the politicians, the freaking White House has lost its mind economically.

1:24.6

It's the worst economy inflation-wise in 40 years.

1:27.8

So, yeah, I can understand you being concerned.

1:30.2

I mean, I kind of look over my shoulder, and I know the data, and I'm real comfortable with the facts, but your emotions do creep up on you.

1:37.3

I don't blame you for that.

1:38.5

I can understand that.

1:41.0

I went and talked to one of my friends as a custom home builder this weekend, and he goes, yeah, it changed.

1:48.0

He could. I got no customers. They were lined up around the block, and he's got no customers. So, yeah, it's changed.

1:57.8

And he's talking about stuff building stuff next summer, you know, that kind of a thing, a year from now.

...

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