What Can Fix the Broken Housing Market

In this episode, we dive into the current state of the broken housing market and explore potential solutions. We discuss the latest earnings reports from big banks and retailers, highlight insights from economic experts like Mohamed El-Erian, and review key economic data such as the Empire State Manufacturing Survey. The focus is on understanding the factors that could potentially fix the housing market, including unlocking inventory, building more affordable homes, and increasing buyer demand.

Episode Highlights:

[00:00] - Introduction to the broken housing market and upcoming earnings season.

[00:23] - Reviewing insights from experts and the Empire State Manufacturing Survey.

[02:18] - Discussion on the lowest number of new listings in over a decade.

[03:58] - Analysis of mortgage rates and their potential to drop to 6%.

[05:03] - Earnings reports from Goldman Sachs, JP Morgan, Wells Fargo, and Citigroup.

[07:21] - Insights from Mohamed El-Erian on the potential for delayed rate cuts.

[12:07] - Detailed discussion on the broken housing market and potential fixes.

[19:07] - Closing remarks and community announcements.

Links & Resources:

• One Rental at a Time School: www.onerentalatatime.com/school
• Uneducated Economist YouTube Channel: www.youtube.com/uneducatedeconomist
• VectorVest: www.vectorvest.com - Tool for analyzing stock fundamentals

Closing Remarks: Thank you for tuning in to this insightful episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Don't miss the opportunity to interact with Henry Washington in our upcoming session. Have an amazing day, and we'll catch you in the next episode!