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Where are we at with residential home prices? Are home prices headed higher? Are rent prices going to drop? Ken breaks it all down by reviewing three components of what is driving the market and makes some predictions on the trends going forward.
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⏰ Timestamps ⏰:
0:00 Introduction – 3 Market Components
0:34 Historic Homeownership v Rental
2:06 Population Growth
2:32 New Construction
3:14 The Market going forward Predictions & Trends
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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For further information on this topic check out these links:
Are We At Risk For A Housing Bubble? Here’s What … – Forbeshttps://www.forbes.com › housing-bubble-experts
Nov 18, 2021 — According to the NAR, single-family home construction has lagged so dramatically that we’re now facing a 5.5 million home shortage. And if you …
No one seems worried about a housing bubble. Just like last …https://www.cnn.com › 2021/10/27 › economy › housing…
Oct 27, 2021 — Housing prices are surging to new records with no end in sight. They’re being fueled by historically low interest rates — but also …
Those Surging Home Prices May Not (Totally) Be A Bubblehttps://www.npr.org › sections › money › 2021/08/17 › h…
Aug 17, 2021 — They find evidence that the price surge in the 2000s was indeed a bubble, which serves as a scary reminder that the housing market can go wild …
Here’s why experts believe the U.S. is in a housing boom, not …https://www.cnbc.com › 2021/09/02 › heres-why-exper…
Sep 2, 2021 — U.S. home prices have climbed at a record pace during the pandemic, leading some to worry about a potential housing bubble forming.
Is there a bubble in the housing market? – Voxhttps://www.vox.com › housing-bubble-market-crash-s…
Jun 7, 2021 — The case against seeing today’s market as a housing bubble. The case against calling this a bubble is pretty straightforward. Prices are rising …