What the hell is going on with the housing market? With Morgan Housel
The Hustle Daily Show
00:00
Do You Think We're Going to See a Wave of First Time Home Buyers?
i think it's very likely that you're goin to have people who buy a house, and a year or two later, that house is realistically worth 30 or forty or 50 % less than they pay for it. And some of those people might be technically bankrupt at that point. I would bet on maybe not nation wide, and maybe it'ld be different degrees in cities. But i look at seat in the barria, disus, one om the most familiar with ats, like it would not surprise me in the slightest if you have home prices that fall 30% or more. If home prices in seattle fell 30%. It would bring us back to where we were last
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