Episode 210

Published on:

12th Jan 2024

Mounting Debt, Real Estate Agents & Drugs

This is an eclectic episode where the boys talk about boiling frogs and somehow relate it to the $34 trillion mountain of nation debt. Then they dive right in to how the pain in the real estate market is now beginning to have a heavy impact on Realtors with 45% of US real estate agents saying they're struggling to pay rent. If buying a home wasn't bad enough, home and auto insurance is becoming nothing short of impossible. It could be worse though, if you're the National Association of Realtors president who announced she is resigning after a "blackmail threat." Then to cap off the show, Chris, Saied and Haroon dive in to how the insanely high rent in most markets is impacting Gen Z.

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The $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns (Business Insider)

‘Incredible distortions in our marketplace’: 45% of US real estate agents say they're struggling to pay rent — another bad omen for the housing market. But 2024 could be better (Money Wise)

Buying Home and Auto Insurance Is Becoming Impossible (Wall Street Journal) 

Rent is so expensive for Gen Zers that almost one-third are living with their parents, new report finds (Fortune)

National Association of Realtors president says she is resigning after blackmail threat (CNBC)

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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.