Debate, Inflation and Housing

In this episode, the host discusses recent developments in the housing market, inflation trends, and the aftermath of the latest political debate. The conversation covers key economic indicators, insights from industry experts, and predictions for the future of the housing market. Listeners will gain valuable information on market trends, potential risks, and strategies for building wealth in the current economic climate. [00:00] Introduction to the topics: housing, inflation, and the recent political debate. [01:08] Host's opinion on the political debate and its impact on the American public. [02:27] Overview of inflation data with a focus on the PCE reading and its implications for future rate cuts. [03:24] Discussion on Nike's earnings announcement and its significance for the market. [04:25] Quote from Jaspreet Singh on wealth-building strategies and the importance of buying assets. [05:24] Analysis of the US housing market's outlook, with Bank of America's prediction that it will remain stuck until at least 2026. [06:57] Identification of 15 housing markets at risk of correction, with 13 of them in Florida. [07:26] Jay Parsons' tweet on the significant increase in homeownership compared to renting over the past eight years. [09:08] Importance of building smaller homes and the impact on the housing market. [10:16] Insights from Altos Research on active listings and the potential for inventory rollovers. [11:13] Discussion on the impact of 7% mortgage rates and the expected market response when rates dip below 6.7%. [12:08] Celebration of the channel reaching 60,000 subscribers and announcement of a live Q&A session. [13:34] Overview of the upcoming week's economic events, including the ISM manufacturing report, JOLTS report, and ADP jobs numbers. [14:46] Announcement of a new series, "Buying Vegas," with the first episode releasing on July 4th. [15:39] Preview of the upcoming jobs report and its importance for the market. [16:00] Information on upcoming live sessions and accountability groups in the school community. Bank of America: Prediction on the US housing market. Parcel Labs: Identification of housing markets at risk. Jay Parsons: Tweet on homeownership and renting trends. Altos Research: Insights on active listings. Jaspreet Singh: Wealth-building strategies. These show notes provide a comprehensive overview of the episode, highlighting the main discussion points and offering easy access to mentioned resources. 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/