Episode 198

Published on:

1st Dec 2023

The Current State of Housing & It's Not Our Fault

In a jam packed episode 198, Chris, Saied and Haroon are very caffeinated and coming in hot.  Recorded back-to-back with BallerBusters: Chapter 2 and a very special guest, you can just feel the palpable stench of the powerful combination of sarcasm and data.  Kicking off the show, the boys jump into US holiday retail sales.  They quickly pivot to how much the “typical American” has in a 401(k) account.  Then wham! Its all housing market updates all day for you the rest of the way.  Almost too much data for you to handle.  I guess that’s why we are the #1 financial literacy podcast in the world isn’t it? Let’s go!  

Sponsored By Transcend Company:

TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP


Growth in US holiday retail sales (CNBC Chart Of The Day via Instagram)

Here's how much — or little — the typical American has in a 401(k) (CBS News)

Stocks, houses, and commercial real estate are all expensive – and prices are under 'notable' pressure, Fed economists say (Business Insider)

40% of all US homes currently don't have mortgages (The Kobeissi Letter via X)

Existing Home sales drop again in October (Yahoo! Finance via Instagram)

Home prices are falling fastest in these 25 cities, helping buyers escape the least affordable housing market since 1985 (Business Insider)

‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros (Fortune)

OpenAI brings Sam Altman back as CEO less than a week after he was fired by board (CNBC)

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.

Show artwork for The Higher Standard

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.

Follow Chris here as he posts daily: https://www.instagram.com/chrisnaghibi

About your host

Profile picture for Christopher Naghibi

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.