Hello fellow rebel capitalists hope you're well so housing data we haven't discussed the real estate market in at least a month or so I believe so I wanted to dig into the numbers to determine what's happening right now, what's happening, what has happened in Q4, and then maybe what we can expect with the real estate market and home prices into 2023.

So let's check out this article from the New York Times, which surprisingly is actually very good.

I think you know there's so few things in the United States that aren't politicized

but the housing data isn't yet in that category.

Thank goodness.

So I think that I briefly scanned this article from the New York Times

and it seems pretty straightforward.

There was nothing that insinuated that like Trump

or, you know, the Republicans were the catalyst to real estate prices going down or something

like that.

So title the housing market is worse than you think.

Buyers, sellers, and renters are in for more twists, turns, and soaring mortgage rates and stubborn inflation signal belt tightening ahead.

And I actually had this conversation with Kenny McElroy and Jason Hartman the other night on Jason's channel and you know those

are two guys that really have their finger on the pulse of the rental market

Kenny and commercial with all his apartment complexes and Hartman with the single family the starter home those guys really specialize in those areas and as of right now, and keep in mind, these guys are specific to geographical locations that are more

linear markets like Texas,

Kenny's a lot in Phoenix,

but so that wouldn't be a,

that would not be a linear market more cyclical but it is a market where it's

rather landlord friendly and then Hartman you know he likes the Kansas cities the

Indianapolis Nashville and then a lot of those markets that don't go way way up but

don't go way way down hence linear market but in those types of linear market.

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