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Graham Stephan

👤 Speaker
3841 total appearances
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Appearances Over Time

Podcast Appearances

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Hey, everybody, you don't have to buy a home.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

You don't have to.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's not written down anywhere in law.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

But if you want to get wealthy, you have to own assets.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And the best way to do that is to find a seller who is motivated.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It just takes time.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So I'll give you five years because I called in 2022, it would be eight years.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's flat.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's just flat.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's, you know, flats plus or minus 1%.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

These are national median home prices.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So you can hold me accountable.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Right.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So this is probably through 29 or 30.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And that's basically where we've been for four years.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And that's just where we're going to be because it takes time.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It takes month after month after month after month for wages to grow.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And then if we get the tailwind of lower interest rates, great.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

But it's going to take eight years.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Yeah, again, all these numbers I'm referring to, you're absolutely right, are nominal.