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Rebel Capitalist News

News: Crashing Again? Home Prices Drop The Most In A DECADE!!

Rebel Capitalist News

George Gammon

Investing, Business

4.71.1K Ratings

🗓️ 24 April 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, fellow Rebel capitalists hope you're well.

0:02.1

So home prices have declined, dropped the most in a decade.

0:10.8

So obviously this begs the question is this the beginning of the next housing

0:16.8

crash. Let's get right into this article from Zero Hedge. Oh but before we do I want to remind everyone to get their tickets to

0:24.5

Rebel Capitalists Live, the greatest investment conference in human history. That is

0:30.2

right. Coming up, May 12th to the 14th in Orlando. We got speakers like Mike

0:35.8

Maloney Peter Schiff. Robert Barnes talked about real estate. We got Kenny

0:40.0

McElroy is going to be in the house and my good buddy Jason Hartman Chris

0:44.0

McIntosh Lynn Alden Simon Black I mean this is going to be the

0:47.3

premier event if you are someone that is interested in not only maintaining your wealth but growing

0:55.1

your wealth were about freedom a plan B an intrusive government central bank

1:00.8

digital currency gold Bitcoin etc.

1:03.2

This is the event for you. You can get your tickets at rebel capital slive.com.

1:07.6

All right let's get into that zero hedge article.

1:10.8

U.S existing home sales resume slide in March, okay?

1:16.7

But the big number or the big data point that I noticed, home prices drop most in a decade. Let me say that one more time to make sure we're all in the same page here in case some of you are asleep this afternoon.

1:31.0

Home prices dropped the most in a decade and this is a chart regarding the

1:37.3

home sales which I don't put a lot of weight into because you've got inventory

1:41.9

there that's it's kind of there's a lot of variables

1:44.9

but let's just go down to the home prices and we can see the median home prices is according to the National Association of Reeliters,

1:55.2

median home price has gone down, as you can see the most, in history.

2:02.4

Looks like it must be seasonal or something like that. can see the most in history.

...

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