What are the demand and supply drivers of home prices? What is the current status of those drivers and do they suggest a housing price crash is imminent, particularly given mortgage forbearance programs are ending? Topics covered include: How much have home prices appreciated in the past year compared to historical rates What has driven the demand shock for housing Why U.S. houses are so much more affordable compared to earlier periods How big is the housing shortage in the … [Read more...]
317: How To Buy In A Hot Housing Market
U.S. home prices are on fire and sales are skyrocketing. Here are 8 rules of thumb for buying a house in a hot housing market when there are multiple bidders over the asking price. Topics covered include: What are the latest metrics on U.S. home sales, prices, and valuations Why are homes sales increasing and prices soaring and how likely are they to fall Why David is buying a different house (again) in a hot housing market What are rules of thumb that can help us find the … [Read more...]
235: What If Home Prices Always Declined
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. Photo by Manki Kim In this episode you’ll learn: There are no magical solutions to dealing with a housing bubble.Why Japanese home prices have declined for decades and why the houses are so cold in the winter.Why buy a house even if it will fall in price and how to go about doing so. Show Notes Designing Your Life: How To … [Read more...]
211: How To Navigate A Housing Bubble
Why housing bubbles can last such a long time and what to do if you really need or want to buy a house in a frothy market. In this episode you’ll learn: How big is the housing bubble in Australia and Canada.Why home prices can’t disengage from economic gravity in terms of household income and rent.What drives housing price bubbles.How algorithms have changed stock investing and increased risks. Show Notes Episode 81: When Booms Turn To Bust Australia Residential Property … [Read more...]
202 Plus: Housing Crisis, Shorting Bubbles and Implementing Trades
This week April 28, 2018, we analyze what to do when housing is selling at record prices and there is little rental inventory. In short, when there is a housing crisis due to lack of supply and high demand from second home owners. We review some of the hurdles to shorting assets that are in a bubble. We also look at how at why I tend to implement portfolio changes all at once versus moving into positions over a period of weeks or months. … [Read more...]
154: Do Homeowner Tax Breaks Cause Homelessness?
How a transitioning economy, government regulation and tax policy have contributed to stagnating wages, rising housing costs, and homelessness. Photo by Mike Gabelmann In this episode you'll learn: How many people are homeless in the U.S. What is moral hazard. To what extent has household income stagnated while home prices have risen. What contributes to rising home prices. What low income housing programs are available and how much is spent on them versus tax breaks … [Read more...]
