Is the 2023 Housing Crash Around the Corner?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 10 March 2023
⏱️ 43 minutes
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Summary
Transcript
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| 0:00.0 | Curious minds want to know is there a housing crash right around the corner? |
| 0:10.8 | Brunt, I'm really excited to have this conversation today because I think a lot of people are asking the same question |
| 0:16.6 | I think a lot of people in this position they're trying to figure out |
| 0:19.4 | Do I buy a house if I need to buy a house is now the right time to buy a house? |
| 0:23.9 | Do I wait if I wait am I going to regret that decision? |
| 0:26.7 | And how do I know what's going on right now with the housing market? |
| 0:30.7 | Well, I hate how you could it is so easy to get both sides of discussion where people have very strong opinions |
| 0:39.7 | that if I'm in the decision matrix I'm trying to figure out should I buy a house? |
| 0:43.9 | I wouldn't know what to do and we have some examples of showing you the two sides of the coin |
| 0:49.7 | We want to come back after we kind of show you these two clips and actually give you the data points |
| 0:55.8 | Give you the things that you ought to be thinking about to make this decision. |
| 0:59.0 | So there are some voices out there that are saying yes a crash is coming and boy is it going to be bad? |
| 1:05.2 | Check this out. |
| 1:08.0 | Everybody's now admitting we're going to have a housing correction, but there's things it will be mild. |
| 1:14.8 | When people they don't say it's going to happen then they finally met well, yes, but it'll be mild. |
| 1:19.2 | Don't listen to these people because all they do is follow the trend when it's up they say it'll hold up when it's down |
| 1:24.8 | Well, it'll be down a little it's this is this is going to be the biggest crash and housing of our lifetime |
| 1:30.5 | And then we'll probably never see one again for decades housing does not crash as often as thought, but this these these were two |
| 1:38.4 | housing bubbles |
| 1:39.6 | Rare in history in the last one burst and this one will burst the same |
| 1:44.9 | so |
| 1:45.9 | Harry Dent |
... |
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