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Rebel Capitalist News

New Housing Data Just Released (Worst On Record)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 10 March 2026

⏱️ 25 minutes

🧾️ Download transcript

Summary

Rebel Capitalist Live VII: Protect & Grow Your Wealth Before the Next Crisis https://rcl.georgegammon.com/live Want the cheat code to protect and grow your wealth? Check out Rebel Capitalist Pro https://rcp.georgegammon.com/pro

Transcript

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0:00.0

Hello, fellow rebel capitals, hope you're well. So we have new jobs data out today that is the

0:05.8

worst on record in this specific category. So I know we've got a lot going on with the

0:12.7

Straits of Ramos, with oil prices, with Iran, but we also have to pay attention to what's happening

0:19.4

at home with things like private credit.

0:22.7

Remember BlackRock restricting redemptions the other day?

0:27.2

That's a thing.

0:28.6

That's a really big deal.

0:31.2

And remember what's happening with the labor market.

0:33.0

Minus 92,000 was the last non-farm payroll print.

0:38.2

So we have to not only pay attention to what's happening overseas,

0:41.9

the conflict in Iran, the Middle East,

0:43.7

but we also can't forget to pay attention to what's happening here domestically.

0:48.4

And that's why the housing market and asset prices more in general are so important. So let's get over to this

0:56.9

zero hedge article where they give us the data on the worst, or this is the worst data set

1:07.5

based on this specific category that they have on record like we were saying earlier

1:12.5

let me do a screen share and i'll show you guys exactly what i'm referring to and i think this

1:18.5

really tells you a lot about what's happening with the underlying economy check this out us home

1:24.4

re-listings hit record high as spring buying season kicks off, and one

1:32.1

third of them are cheaper. So think about what's happening here. You listed your home, well, first

1:40.0

and foremost, you might have lost your job. You might not be able to afford your home because even

1:45.6

though you have a fixed rate mortgage, your insurance costs have gone up, the maintenance costs

1:50.5

have gone up, the property taxes have likely gone up. And it's at the point right now,

...

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