I can understand the thoughts on housing, but I guess my question is : Are there no entry-level homes today? Also, aren't more people moving up in income level (middle class is moving up not down), which means they want higher value homes? Do we just forget supply and demand dynamics here?
@@davejoe75 Hope is not necessarily a good strategy for anything, investing, or a living situation. I stand by what I wrote, I track multiple areas on the investment side and I do not buy above the median. There are homes out there (maybe not as many, but again... the people are earning more too) and the housing market can be divided into many subgroups. Mark mentioned that young people are not able to afford homes, but Mark (and others) need to look at the average age of married couples in the past and today. If people are delaying marriage, it creates a situation where more people are looking at the low end of home purchases (entry-level). And this also plays a role. Now, the median is increasing, but rarely does someone take their first mortgage to buy their first home at the median, usually they have a significant down payment from the entry-level sale to ease the payments. Alot here, because I will not respond again, take care. Chris
@@chriswebb4797 another aspect of this issue is that when prices are very high right now and supply inputs into home construction are also very high and somewhat constrained. Therefore, this incentivizes builders to build bigger and more expensive plus taller.
@markthornton9128 true, but now the housing market gets clouded. 1-4 units have different financing markets than anything over 5. I think here is where the line needs to be divided with residential and multi family because of the financing markets. Larger unit counts will suffer significantly in 25, but not 1-4 units and it relies primarily on the financing of the buildings. When the two combined are seen as one market it does cloud the view of the public. Signs did encourage building larger, but as you know that cash has dried up. Maybe you could come up with an "over 5 units, but not a skyscraper index," lol. Take care.
Housing is overblown. It's more affordable today than ever before but the median size house is double in size of what it was in our parents generation so the median ratios are worse today. People need to buy things they can afford instead of mansions.
I expect BitCON to perform better than gold in 2025. The hierarchy wants people to become accustomed to buying and using digital currencies and will do what's necessary to boost up profits for a while, if that's what it takes. But I'm not participating.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Thanks for your valuable work, Mark! I love your short and bright summary podcast. Happy 2025!
There is more of a good chance that Bitcoin will provide a better alternative to modern currency.
But, gold has a lot more stability in the long run.
I can understand the thoughts on housing, but I guess my question is : Are there no entry-level homes today? Also, aren't more people moving up in income level (middle class is moving up not down), which means they want higher value homes? Do we just forget supply and demand dynamics here?
Ya...in shit neighborhoods. Easier to do apartments then hope for a crash or huge bonus.
@@davejoe75 Hope is not necessarily a good strategy for anything, investing, or a living situation. I stand by what I wrote, I track multiple areas on the investment side and I do not buy above the median. There are homes out there (maybe not as many, but again... the people are earning more too) and the housing market can be divided into many subgroups. Mark mentioned that young people are not able to afford homes, but Mark (and others) need to look at the average age of married couples in the past and today. If people are delaying marriage, it creates a situation where more people are looking at the low end of home purchases (entry-level). And this also plays a role. Now, the median is increasing, but rarely does someone take their first mortgage to buy their first home at the median, usually they have a significant down payment from the entry-level sale to ease the payments. Alot here, because I will not respond again, take care. Chris
I never see any small new homes. Even the apartments are overpriced
@@chriswebb4797 another aspect of this issue is that when prices are very high right now and supply inputs into home construction are also very high and somewhat constrained. Therefore, this incentivizes builders to build bigger and more expensive plus taller.
@markthornton9128 true, but now the housing market gets clouded. 1-4 units have different financing markets than anything over 5. I think here is where the line needs to be divided with residential and multi family because of the financing markets. Larger unit counts will suffer significantly in 25, but not 1-4 units and it relies primarily on the financing of the buildings. When the two combined are seen as one market it does cloud the view of the public. Signs did encourage building larger, but as you know that cash has dried up. Maybe you could come up with an "over 5 units, but not a skyscraper index," lol. Take care.
Chocolate and cigarettes worked fine as monies during the world wars.
Stockpile the essential!
OMG I LOVE THE MUSIC MARK 🔥🔥🗣️📢🤘😘💅🎶🕺
Housing is overblown. It's more affordable today than ever before but the median size house is double in size of what it was in our parents generation so the median ratios are worse today. People need to buy things they can afford instead of mansions.
Locality and proximity context is important in real estate convos
Not just larger homes, but better in some areas like heating/AC, plumbing, and practically no home today has "load bearing walls.'
@@patrickcasper7487 people are also trying to buy in to the limited number of decent public schools.
thus not only not affordable but unsustainable...whats ur argument? I'm confused
@@kurtk4223 I think he's saying we are nowhere near the top.
I expect BitCON to perform better than gold in 2025. The hierarchy wants people to become accustomed to buying and using digital currencies and will do what's necessary to boost up profits for a while, if that's what it takes. But I'm not participating.
Either way you have to convent to fiat and that's when you lose.
terrible music
suggestions?
Boomers 🤷🏻♂️
I like that it bothers you.
.5 just because Trump is on the hypetrain. Gold is it!
@@BlackJesus8463 I would submit your prediction. A few people think that Bitcoin will go down and gold will go up substantially this year.