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The Ramsey Show Highlights

Real Estate Prices Aren't Coming Down - Dave Ramsey Rant

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 18 September 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today's episode features Dave Ramsey & Jade Warshaw. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.4

He did a fabulously attended free live stream on real estate.

0:15.5

Interest rates had not yet climbed to where they are now.

0:19.9

But the COVID rush, the Fouchy pandemic quarantine rush,

0:27.0

had eased, and the real estate market was cooling off because interest rates had ticked up,

0:32.9

and people were freaking out, acting like the real estate market was going to crash and that

0:37.3

prices were going to crash and that prices

0:37.6

were going to go down.

0:39.0

I'll just wait till prices go down.

0:41.5

And we were addressing that.

0:42.7

We had this big podcast.

0:45.9

You were, of course, here.

0:47.1

You were still in your first few months with us at that point.

0:50.4

And it was very successful.

0:51.8

We had, I think, a couple hundred thousand folks watch that view or watch that

0:56.4

live stream.

0:56.9

I called it a podcast.

0:57.7

Watch that live stream.

0:59.0

And in it, we went through the details of the real estate situation and explained very

1:06.1

carefully how dramatically the supply of housing is below the demand, and that anytime there is a

1:17.1

demand for anything that is higher than the supply, if you took economics in the seventh grade,

1:24.2

they taught you that that means the prices will go up.

...

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