Housing Unaffordable! Prices must CRASH

Housing Unaffordable! Prices must CRASH

Author: Michael Zuber July 10, 2024 Duration: 17:16

In this episode, I address the growing concerns about housing affordability and the predictions of a market crash. We analyze historical data from the early 1980s to understand the impact of high mortgage payments on home prices and transactions. We also discuss the current trends in new construction, home builder price adjustments, and the implications of the upcoming Fed meeting. Join me as I break down the facts and debunk the myths surrounding the housing market's future.


Key Talking Points with Timestamps

[0:00] Introduction to Housing Affordability Concerns - Discussion on the rising concerns about housing affordability leading to a market crash.

[0:57] Historical Analysis - Comparison of current affordability issues to the early 1980s and their impact on home prices.

[2:28] Kobayashi Letter Highlights - Examination of the Kobayashi letter's findings on mortgage payments as a percent of income.

[4:55] Transaction Trends - Analysis of historical transaction data during periods of high mortgage payments.

[6:25] New Construction Inventory - Cities with the highest percentage of new construction in active listings.

[8:10] Home Builder Price Declines - Evaluation of price declines among major home builders like Lennar, KB Home, and Pulte.

[10:34] Fed Meeting Predictions - Discussion on the potential for a September rate cut and its market implications.

[12:03] Home Price Increases Since 2020 - Areas with the highest home price increases since March 2020.

[13:30] School Community Updates - Information on recent and upcoming events in the school community.

[15:04] Encouragement to Join the Community - Invitation to join the school community for networking and educational opportunities.


Links & Resources


Michael Zuber’s One Rental At A Time is for anyone who’s ever looked at real estate investing from a distance, intrigued by the possibility of financial independence but convinced their current schedule makes it impossible. This podcast dismantles that assumption by focusing on the steady, incremental approach that its title suggests. Instead of complex theories or get-rich-quick schemes, you’ll hear practical conversations about the tangible steps involved in acquiring and managing rental properties. The discussions stem from Michael’s own journey and the experiences of many others who have built a meaningful second income stream through this method. Each episode feels like a straightforward talk about turning a sidelined idea into a actionable plan, addressing the real balancing act between work, family, and building something for the future. Tuning into this podcast, you’ll find a grounded resource in the business and investing space, one that emphasizes how long-term holding and thoughtful acquisition can quietly reshape your financial landscape without demanding you upend your existing life overnight.
Author: Language: en-us Episodes: 100

One Rental At A Time
Podcast Episodes
MASSIVE RATE CUTS COMING FAST [not-audio_url] [/not-audio_url]

Duration: 27:04
In this week's "One Rental at a Time" Friday Financial Wrap-Up, I'm joined by Michael Zuber to discuss the latest developments in the financial world. We dive into key topics including the latest PCE inflation numbers, t…
3% Mortgage Rates for First Time Home Buyers [not-audio_url] [/not-audio_url]

Duration: 10:32
In this episode of "One Rental at a Time," we're diving into the intriguing proposal by Robert F. Kennedy Jr. to introduce 3% mortgage rates for first-time homebuyers. Joined by Matt, the mortgage guy, we explore the pot…
Starting Over Today? What would I do Different? [not-audio_url] [/not-audio_url]

Duration: 55:47
In this episode, I explore the crucial question: If I had to start over today, how would I build wealth from scratch? Inspired by a story about Warren Buffett, I share practical strategies and insights for anyone beginni…
WATCH OUT BELOW!!! The July Slide! [not-audio_url] [/not-audio_url]

Duration: 40:47
In today's midweek update, I discuss the recent market downturn and strategic moves to navigate these turbulent times. The market, as anticipated, has started its decline, and I highlight the importance of understanding…
Consumers Revolt & Change Behavior [not-audio_url] [/not-audio_url]

Duration: 15:27
In this episode, we delve into the latest economic data and its implications for the real estate market. I discuss the widespread pullback among consumers at all income levels, predicting a recession by mid-2024. We cove…
Housing Market Update! Everything Just Changed [not-audio_url] [/not-audio_url]

Duration: 17:07
In this episode, I sit down with top 1% real estate agent Beth Traverso to discuss the resurgence of disrespectful offers in the housing market. Beth shares her recent experiences and insights into why these offers are m…
Why You Must Understand Tariffs and Rent Control [not-audio_url] [/not-audio_url]

Duration: 17:54
In this episode of "One Rental at a Time," we tackle two significant issues that could impact real estate investors: rent control and tariffs. Joined by Casey from Brick by Brick Wealth, we explore the potential conseque…
Housing Crash Continues [not-audio_url] [/not-audio_url]

Duration: 16:22
In this episode of "One Rental at a Time," we dive into the latest existing home sales data and its implications for the real estate market. With a significant drop in existing home sales and a surprising increase in med…
Mortgage Delinquencies Spike 128% [not-audio_url] [/not-audio_url]

Duration: 19:06
In this episode of "One Rental at a Time," we delve into some significant shifts in the housing and credit markets. We start by addressing the alarming spike in mortgage delinquencies, up 128%, and discuss what this mean…
BIDEN WITHDRAWS!!! Market in Turmoil!!! [not-audio_url] [/not-audio_url]

Duration: 40:25
In this episode of "One Rental at a Time," I, Dan Bird, take the helm while Mr. Zuber is out. We dive into recent significant changes in the market, especially the surprising news of President Biden dropping out of the r…