Episode 188

full
Published on:

27th Oct 2023

Housing Affordability, Realtor Problems & Saied Is Grumpy

From the very beginning of this data heavy episode Saied is salty, dare we say even – grump!  Come for the discussion on housing affordability versus renting, mortgage rate debates and updates on the National Association of Realtors antitrust lawsuits.  But, stay for the sassy attitude that Saied is bringing to the table.  Listen as Chris and Haroon are attacked at every turn by an unprovoked attack. 

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Resources:

As mortgage rates hit 8% for the first time in 23 years, affordability continues to fall off a cliff (The Kobeissi Letter via X)

There’s Never Been a Worse Time to Buy Instead of Rent (Wall Street Journal)

America’s Downtowns Are Empty. Fixing Them Will Be Expensive (Wall Street Journal)

Is the ongoing run of Fed rate hikes “taking away the American dream”? This economist says so (Yahoo! Finance via Instagram) 

Why the housing market is going from tough to terrible (CNN)

The 30-year fixed mortgage rate just hit 8% for the first time since 2000 as Treasury yields soar (CNBC)

Morgan Stanley makes a bold, tough prediction for home prices next year (The Street)

Fastest declining Housing Markets (1-year drop) (The Kobeissi Letter via X)

Rocky few months for NAR (The Real Deal via Instagram)

Real-Estate Commissions Could Be the Next Fee on the Chopping Block (Wall Street Journal)

Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

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About the Podcast

The Higher Standard
This isn’t a different standard, it’s the higher standard.
Welcome to the Higher Standard Podcast, where we give you ultra-premium, unfiltered truth when it comes to building your wealth and curating the lifestyle of your dreams. Your host; Chris Naghibi is here to help you distill the immense amount of information and disinformation out there on the interwebs and give you the opportunity to choose a higher standard for yourself. Sit back, relax your mind and get ready for a different kind of podcast where we elevate your baseline with crispy high-resolution audio. This isn't a different standard. It's the higher standard.

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About your host

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Christopher Naghibi

Christopher M. Naghibi is the Founder and Chief Executive Officer of Black Crown Inc. and Black Crown Law APC, a disruptive collective of attorneys, property managers, real estate agents and contractors who handle home sales and purchases, commercial and multifamily real estate brokerage, primarily for high net-worth and celebrity clients.

His team has over 20 years of experience, 1000+ satisfied clients, $10 million in recovered costs for clients, and in excess of $20 billion dollars in closed transactions.

As a licensed attorney, real estate broker, general contractor, and now Top 100 podcast host, Chris aims to provide free financial education that allows people to take control and democratize fear in the financial world.