4.7 • 1K Ratings
🗓️ 25 March 2024
⏱️ 16 minutes
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0:00.0 | Hello fellow rebel capitalists hope you're well so we got some big news in the housing market and I |
0:06.7 | touched on this last week but now we've done some research, believe it or not. |
0:14.0 | And I've come up with some new data. |
0:17.0 | It kind of backs up what I was saying last week. |
0:20.0 | So let's go through this. |
0:22.0 | And then I want to connect some dots with the real estate market housing prices that this one's going to catch you off guard. |
0:31.0 | So make sure you're sitting down for this one because I'm going to give |
0:34.7 | you something to think about that I guarantee you you've never thought about before. |
0:38.6 | Actually, I'm going to write it down so I don't forget. I always do that. I always say I'm going to talk about something at the beginning of the video and I get off on a tangent never talk about it. |
0:48.0 | All right so last week if you guys remember we went over this article from Reuters and this is not the article from Reuters |
0:59.0 | This is the article from Reuters where it was talking about housing supply improving. |
1:04.0 | And you guys know from watching my videos that I've talked about how very low inventory |
1:10.3 | isn't necessarily bullish for prices. |
1:13.0 | How that could be bearish for prices |
1:16.0 | because if you just get a little bit of additional supply, |
1:19.0 | it could have a disproportionate effect on prices to the downside. |
1:25.0 | Just like it could have a disproportionate effect |
1:28.0 | to prices on the upside if you see demand increase. |
1:30.0 | But if you've got prices that are pretty much flat, |
1:32.0 | if you have all-time low supply or all-time-low inventory, |
1:37.2 | well, then you also have all-time low demand. If you didn't, prices would be going straight up. |
1:42.1 | And the easiest thought experiment I can give you to explain the point here |
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