EPISODE · Jun 27, 2022 · 47 MIN
Affordable Home or Unaffordable Lifestyle, Pick One!
from The Financial Griot · host The Wealth Builders Collective
Home prices are up in the US. Fueled by once-low interest rates and available cash, prices skyrocketed as much as 30% in the two years since the start of the pandemic. As inflation pushes all-time highs, the Feds are increasing interest rates in as little as 24 increments through 2024. But what does this means for you?Hopefully, this slows down price hikes but it's unlikely that the old price is ever coming back. In this episode of the Financial Griot podcast, the hosts will discuss changes in the market and how the pursuit for the un-affordable impacted society for the worst.Do we want affordable housing or are we addicted to unaffordable lifestyles? Detailed show notes, www.theneighborhoodfinanceguy.com About Us:The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don't. Stories about growth, opportunity and embracing changes. Beyond that we talk about Finances. Specifically, how to become Financially literate, incorporating actionable steps and ultimately building generational wealth.Can you imagine being a Millionaire in 20 years or less? Yeah it's possible. 80% of millionaires are first generation. That means they didn't come from wealth. We teach you how. Join a community of subscribers that welcome a fresh take on money.So there you have it, The Financial Griot or TFG for short. The hosts were able to amass over $2 Million in wealth in about 8 years and are on track to retire early. If you want the secrets; we will gladly share them since opportunity is abundant and Win-Win. Connect with TFG Crew aka the Hosts: Alainta Alcin - Blogger, Travel and Money Enthusiast @alainta_alcinLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelusLawrence Delva-Gonzalez - Federal Auditor, Blogger and Tax Specialist @theneighborhoodfinanceguy
What this episode covers
Home prices are up in the US. Fueled by once-low interest rates and available cash, prices skyrocketed as much as 30% in the two years since the start of the pandemic. As inflation pushes all-time highs, the Feds are increasing interest rates in as little as 24 increments through 2024. But what does this means for you? Hopefully, this slows down price hikes but it's unlikely that the old price is ever coming back. In this episode of the Financial Griot podcast, the hosts will discuss changes in the market and how the pursuit for the un-affordable impacted society for the worst. Do we want affordable housing or are we addicted to unaffordable lifestyles?
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Affordable Home or Unaffordable Lifestyle, Pick One!
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