Podcast by BiggerPockets
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Texas and Florida are seeing stagnating home prices as housing inventory booms while demand slips away. Housing is still expensive, but with more inventory, why is it staying that way? While the southern states catch their breath from the unprecedented demand of 2020 – 2022, a new housing market is taking control as one of the hottest areas in America. Is it all hype, or could this housing market really be a winner? We’re touching on this week’s news in today’s headlines episode!
But first…shrimp. How much shrimp is too much shrimp? Apparently, miscalculated shrimp is a very costly mistake, as a beloved American chain restaurant could be declaring bankruptcy due to a costly “all you can eat” deal gone wrong. But before we get into crispy bottom feeders, we’ll talk about the home price woes Florida and Texas are facing as their inventory booms, but home prices stay stagnant. Speaking of stagnation, we discuss “stagflation” and whether or not this economy-killer could hit the US.
With Americans getting fed up with the South’s high prices, a new Midwest market has been named America’s new #1 housing market, but would WE invest in it? From market saturation to stagflation, shrimp miscalculations, and top housing markets, we’re wrapping up this week’s economic news so you can invest better than the rest, so stick around!
In This Episode We Cover:
Southern inventory booms and why home prices are stagnating in once “hot” markets
The nation’s new #1 housing market in a surprisingly small city you probably haven’t heard of
Growing love for affordable housing markets and why so many Americans and businesses are moving
Stock market sliding and the real fear that “stagnation” could hit the US economy
The one chain restaurant that may be going bankrupt because of a jumbo-shrimp-sized miscalculation
And So Much More!
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Headlines from Today’s Show:
Jump to topic:
(00:00) Intro
(00:55) Texas and Florida’s Inventory Booms
(07:31) #1 Housing Market in America
(15:06) Next Stop, Stagflation?
(23:46) Going Bankrupt On Shrimp
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-213
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