Jack Selby

And buying a home for the average person out there is a good financial decision, even today, even at 6.5% interest rates, because the alternative is that they would just spend the extra money.

Where do most people go wrong when it comes to creative financing?

And what would you tell someone who feels like they've done everything right, that they follow your advice, they save money, they avoid debt, and they still can't afford to buy a house?

And I'm telling you, it's going to be a blast.

If you travel a bunch, you probably don't think twice about your home sitting empty.

But when you're away, you could actually list your place on Airbnb instead of leaving it unused.

With this, you could partner with a local co-host who has hosting experience.

It can help manage things like creating a listing, managing reservations, messaging guests, and helping make sure everything runs smoothly during their stay.

For someone who studies the market so much, have you noticed any correlation between the stock market and the housing market?

Because it seems as though the high end market is really tied to stocks.

And if stocks are doing well, housing does well.

Yes.

It was suboptimal growth.

So I've heard the argument, though, that we can't look back 50 plus years in the market because our economy has fundamentally changed since the internet.

And when you look starting the year 2000, the price to earnings ratio has skyrocketed.

Sure.

And now that could be the new normal.

And even though we are high on the scale of the new normal, we're not at the peak.

And with AI and with our global economy, everyone kind of rising at the same time, they say that these elevated returns might continue longer than you would expect.

Now, if mortgage rates drop to 4% tomorrow, what would happen to the housing market?