Is A Housing Market CRASH Coming? And, Am I Still Buying?

The Anik Singal Show

Anik Singal

Education, Business:entrepreneurship, Business, Marketing, Entrepreneurship, Courses

4.9 • 1K Ratings

🗓️ 25 May 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Anik Singal on this week’s solo episode as he discusses the current state of the housing market. Prices are through the roof, inventory is low - are we due for a pullback in real estate? Anik discusses his thoughts and what he’s doing with his real estate investments. He dove into a ton of surprising data points and went into detail on why… Why we’re in the middle of a housing shortage. What the Fed is doing with interest rates and why Anik DOESN’T care. Why he expects to see a broader round of layoffs in different industries this year - and what that means for real estate. And the rules Anik is following when it comes to buying more real estate these days. Listen to the full episode now!

Transcript

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0:00.0	Is the housing market about to crash?
0:01.9	Hey guys, this is Sonic's single.
0:03.2	And listen, on this episode, we keep it real.
0:05.7	Recessions here.
0:06.8	I don't see how we're gonna get away without having a recession.
0:09.3	But what happens to this crazy housing market?
0:12.0	I mean, prices are through the roof.
0:13.6	Inventory is low, supply is low, blah, blah, blah.
0:16.6	So is it gonna also go down?
0:18.5	Quite honestly, if you look at what the Fed is doing,
0:20.6	I think they're specifically targeting the real estate market
0:23.6	with the hikes of interest rate
0:24.9	and mortgages now hitting 6 plus percent,
0:27.1	they want it to slow down.
0:28.5	But is it going to?
0:29.4	The real question is, what am I doing?
0:31.1	Am I still buying real estate or not?
0:33.4	I think that'll really tell you what I think about it, right?
0:35.4	Okay, so I've got my phone in front of me
0:36.7	because I've got some notes.
0:37.6	But before I get started with that,
0:39.0	hey, you know, a bird gets its wings every time you click like
	...

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