How migration is dividing the housing market in two

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  • Опубліковано 25 січ 2025

КОМЕНТАРІ • 44

  • @mydressmemos
    @mydressmemos Місяць тому +24

    This is a really interesting take on the housing market. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

    • @LUCIASMITH-d1z
      @LUCIASMITH-d1z Місяць тому +1

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

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      @richardhudson1243 Місяць тому +1

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      @JacobsErick-u8r Місяць тому +1

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      @richardhudson1243 Місяць тому +1

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      @amoreauMike-t6z Місяць тому +1

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  • @scottsnyder2726
    @scottsnyder2726 Місяць тому +2

    I live in Philly and recently retired at 66. I hear very little talk from my peers or younger people about moving to South or Southwest. Prior to pandemic, and especially within first few years I knew lots of people buying and moving to FL, and secondarily SC. I believe pandemic (especially remote work ability) front-loaded what would have been a more gradual outmigration.
    IMHO, I sense very little desire from people here to move to FL or elsewhere anymore. The home price differential has shrunk significantly, an attitude of regret from some movers rather than FOMO, and a realization that “the grass isn’t greener” especially in FL, has all led to anybody that didn’t move now having little to no desire to move.
    So migration may pick up a little but remain limited.

  • @samharris82
    @samharris82 Місяць тому +2

    Love the long term price chart! Please include in future videos.

    • @EthanFlynn
      @EthanFlynn Місяць тому +1

      Agree. That’s a fascinating chart.

  • @RyanLundquist
    @RyanLundquist Місяць тому +2

    Great stuff as always. I'd be curious to see some of your data regarding listings without some of the states experiencing huge gains. For instance, what does the "national" graph look like without Texas?

  • @AtlanticIslander
    @AtlanticIslander Місяць тому +4

    The market is currently frozen which is why there is no migration happening. The factors that have led people to leave the west coast, northeast, and colder Midwest for the last decade have not changed. If anything, they there are even stronger reasons to leave those areas now. So once the market thaws again, that migration trend will start again.

  • @edwardstanton3571
    @edwardstanton3571 Місяць тому +2

    It would be useful to show migration data to support your hypothesis, but you did not present any data to support your theory that migration patterns are shifting.

  • @bokma69
    @bokma69 Місяць тому

    Over the past few years how many times did you hear that we will NEVER return to the old levels of inventory?

  • @Sonofawildanimal
    @Sonofawildanimal Місяць тому +3

    I should have a bought a home in kindergarten.

  • @tradewisetv2801
    @tradewisetv2801 Місяць тому +7

    I don’t know that I’d use the term “doom” to describe a housing correction. Then again, I’m not a realtor, nor did I buy during the irrational exuberance.

    • @ronno1202
      @ronno1202 Місяць тому +1

      housing being affordable would actually be a good thing for 99% of people. sorry, realtors and grifters.

    • @JohnDoep
      @JohnDoep Місяць тому +2

      The average American being about to purchase a home, affordably, is apparently “doom” … unbelievable

    • @peterbedford2610
      @peterbedford2610 Місяць тому

      65% of people in the US own their home. Of the other 35% , a large portion don't want to buy a house. So, the people,who complain about "affordability" keeping them from buying. are far under 30%.:
      he minority!!!
      That's a minority!

  • @edwardstanton3571
    @edwardstanton3571 Місяць тому

    I went back and read your post, which is what you read out loud on these infomercials. You never once presented evidence that migration patterns did shift, and you never once presented evidence to support your supposition that those migration patterns will change back to what you say they were before. That does not look good for someone trying to be data driven and analytical. It's mysticism.

  • @DISTRESSEDCMBS
    @DISTRESSEDCMBS Місяць тому

    w/ scott bessent announced for the tres. pos. i think worries about fiscal are largely allayed. yields could trend lower for rest of year. for 2025.....its a bit less clear, q1 and q2 cpi/pce numbers (despite being seasonally adjusted) are seasonally higher so it's not clear how long lower yields will last.

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    @RolandZaneZane Місяць тому +4

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  • @MaddieBr
    @MaddieBr Місяць тому +1

    It would be interesting to try to tease apart the effects of migration vs. regulation/permitting costs for new construction in inventory and pricing.

    • @edwardstanton3571
      @edwardstanton3571 Місяць тому

      It would have been nice if he presented information in THIS video about migration since the title suggests it's all about migration. Bueller...Bueller...

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    @HieouyaAgnèsDoyo Місяць тому

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