American Monetary Association
487: Why Debt is my Favorite 4 Letter Word- Mortgage Matters with Housing Expert Josh Mettle
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:45:30
- Mas informaciones
Informações:
Sinopsis
Jason welcomes Josh Mettle, an expert in mortgages markets. According to Josh, the recent decline in mortgage purchase applications, despite rising home prices, is not indicative of a looming housing crash. This is because the current demographic trends favor homeownership, with millennials and Gen Z representing a large cohort of potential buyers. As mortgage rates continue to decrease, we can expect a resurgence in demand, leading to a surge in home purchases. Additionally, the increase in cash transactions suggests that many buyers have the financial means to purchase homes without relying on mortgages. They also discuss the recent trend of increased cash buyers in real estate transactions, despite concerns about mortgage applications. Jason attributes this to demographic shifts and upcoming wealth transfers. Josh then emphasizes the importance of understanding demographics and the impact of inflation on debt destruction when making investment decisions. Specifically, they point out that the baby boomers,