TruPodcast
The Crazy Housing Market of 2021- Rent Increases, and Life-Here’s What You Need to Know to Survive!
The cost of living has been steadily increasing for years, and it’s not getting any better. In this TruPodcast, I’m going to explain the housing market in eight minutes with my own twist on how it all works.
So you think the housing market is soaring? Maybe you should take a closer look. In this podcast, I break down how rents are increasing and what it means for your wallet and the broader economy.
Housing Market Explained:
Here’s why:1) People are making more money but not enough to cover rent increases with their income alone; 2) Baby Boomers need to sell homes before they retire or face losing equity; 3) New home construction isn’t keeping up with demand so prices keep going up.
I’m going to tell you all about the cost of living and why it’s so expensive nowadays. It’s not just rent that has increased but also housing prices which are a big reason for people being unable to afford a house these days. So sit back with your coffee or tea and let me explain everything in detail.
Links to Articles from the Podcast:
https://www.businessinsider.com/single-family-house-rent-skyrocketing-especially-in-the-south-corelogic-2021-7
https://www.cnbc.com/2021/07/20/builders-pull-back-as-more-homebuyers-are-priced-out-of-the-market.html
https://www.wsj.com/articles/big-landlord-launches-5-billion-house-hunt-11626781403?mod=flipboard