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The Current State of Housing & It's Not Our Fault
Episode 1981st December 2023 • The Higher Standard • Chris Naghibi & Saied Omar
00:00:00 01:07:52

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In a jam packed episode 198, Chris, Saied and Haroon are very caffeinated and coming in hot.  Recorded back-to-back with BallerBusters: Chapter 2 and a very special guest, you can just feel the palpable stench of the powerful combination of sarcasm and data.  Kicking off the show, the boys jump into US holiday retail sales.  They quickly pivot to how much the “typical American” has in a 401(k) account.  Then wham! Its all housing market updates all day for you the rest of the way.  Almost too much data for you to handle.  I guess that’s why we are the #1 financial literacy podcast in the world isn’t it? Let’s go!  

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Resources:

Growth in US holiday retail sales (CNBC Chart Of The Day via Instagram)

Here's how much — or little — the typical American has in a 401(k) (CBS News)

Stocks, houses, and commercial real estate are all expensive – and prices are under 'notable' pressure, Fed economists say (Business Insider)

40% of all US homes currently don't have mortgages (The Kobeissi Letter via X)

Existing Home sales drop again in October (Yahoo! Finance via Instagram)

Home prices are falling fastest in these 25 cities, helping buyers escape the least affordable housing market since 1985 (Business Insider)

‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros (Fortune)

OpenAI brings Sam Altman back as CEO less than a week after he was fired by board (CNBC)

Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

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