What If Home Prices Always Fell

Money For the Rest of Us

J. David Stein

Investing, Investing Podcast, Business, Economics, Economy

4.5 • 1.4K Ratings

🗓️ 9 January 2019

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

#235 How to evaluate the purchase of a depreciating asset, such as buying a house in Japan where prices have declined 23 out of the past 29 years. Thanks to The Great Courses Plus, LinkedIn and Sleep Number for sponsoring the episode.

For show notes and more information on this episode click here.

[0:20] Unfortunately, there isn’t a magic formula for dealing with a housing bubble.
[2:33] Making the decision to purchase a second home.
[5:31] Japan’s declining housing market.
[13:10] Another quirk of the Japanese house: it’s freezing.
[20:28] Should we imitate the Japanese when making decisions regarding the housing market?
[24:19] Keeping priorities straight: making a purchasing decision based upon what matters.

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Transcript

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0:00.0	Welcome to Money for the rest of us.
0:03.6	This is a personal finance show on Money, How It Works, how to Invest It and how to Live
0:09.4	Without Worrying About It.
0:11.1	I'm your host David Stein today as episode 235. It's titled
0:15.4	What if house prices always declined? In June 2018 I released an episode titled How to Navigate a Housing Bubble.
0:26.0	It was episode 211. It was one of the most listened to episodes of my show in 2018 with more than 55,000 downloads.
0:37.0	Not everyone like the episode.
0:40.0	Lazy Rock gave the episode 1 stars on Apple Podcast.
0:46.0	He wrote,
0:47.0	This show was a total waste of time.
0:49.0	The title talks about how to navigate a housing bubble and then the show spends the entire
0:54.6	time talking about the problem of the housing bubble instead of presenting
1:00.7	creative ways on how to actually navigate it.
1:04.4	Just keep talking about the things that anyone listening to it
1:08.2	would already know if they're dealing with a housing bubble.
1:11.9	You can stay put in your house, you can move in
1:14.3	with relatives, or you can leave the area and try to go somewhere else. But the
1:18.7	challenge is the housing bubbles are happening all over the country and most of the desired areas live and they
1:27.0	can go for years.
1:29.2	When I take the time to listen to a podcast, I want them to give me ideas that help actually solve the problem, and not just going around and round about the problem.
1:40.0	He actually captured the episode a little bit because there's no magic when it comes to dealing with a housing bubble.
1:48.0	You can stay put where you're currently at, maybe you're renting.
	...

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