In this episode, Chris, Saied, and Rajeil dive head-first into the fiery mess that is America’s housing market. Where even 0% mortgage rates wouldn’t make homes affordable, and Buffett and Zillow are suddenly on the same side of the doomsday table. From the longest government shutdown in U.S. history to first-time homebuyers now averaging forty (because apparently adulting got delayed a decade), the guys break down why affordability has officially left the chat and how the “Zero Interest Rate Period” turned into the world’s most expensive hangover.
➡️ Then it gets spicy... Michael Burry is back, betting billions against AI and the stock market like it’s 2008 all over again. Meanwhile, Warren Buffett quietly agrees the math no longer works, and The Higher Standard crew connect the dots between social frustration, rising socialism vibes, and a government that can’t even pay its own bills. Equal parts data, sarcasm, and therapy session — this one’s a masterclass in how to laugh through an economic meltdown.
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🔗 Resources:
The US government shutdown (The Kobeissi Letter via X )
US government shutdown enters 36th day to become longest in history (The Guardian)
The profitability of investing in real estate has declined (Nick Gerli via X)
US Median First-Time Homebuyer Age Now at Record-High of 40 (Bloomberg)
Warren Buffett’s Berkshire Hathaway and Zillow say mortgage rates can’t fall enough for Americans to afford a home (Fortune)
Housing market turnover is at a 30-year low amid real estate deep-freeze (Business Insider)
'Big Short' Michael Burry bet against Palantir and Nvidia (Business Insider)
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