178: Jobs Grow, Unemployment Plummets, But Americans STILL Bearish on Economy
On The Market
Shownotes Transcript
Americans are convinced that today’s economy is bad…really bad. In fact, many of them think that this is the worst economic period in US history. Are they right, or are they just historically challenged? In today’s show, we’re going to touch on the good and the bad happening in the economy, from new job numbers to negative economic sentiment, corporate landlords who want you to live at work, and whether or not buying a house in 2024) is a smart move to make.
With so many economists only a few short months ago predicting a recession) in 2024, a **surprising new jobs report **has been released showing something nobody would have expected. Is this good for employees, or does this bring more power to the employer? Speaking of employers, **how would you like Elon Musk) to be your landlord? **Well, if you work for Tesla, SpaceX, or The Boring Company, this could be your reality.
And, if you’ve been on the fence about** buying a home**, our investing experts go through the pros and cons of purchasing in 2024. With less competition and rates forecasted to drop, now could be the final time to get a steal on your next real estate deal. But is locking in your price now your best bet? Stick around to find out!
In This Episode We Cover:
**New jobs data **and whether **wages **are growing, shrinking, or staying stagnant for Americans
**“Labor hoarding” **and why top companies are paying to keep workers on call
Why younger Americans believe now is **the “worst economy in US history” **
The re-emergence of “company towns” and how Google, Meta, and** Elon Musk **could become your next landlord)
Why** expert investors are buying now** BEFORE mortgage rates) go down
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
Kathy's BiggerPockets Profile)
Henry's BiggerPockets Profile)
Here’s What the U.S. Consumer Tells Us About the State of the Economy)
Articles Mentioned in This Episode: Jobs Report) Company Towns) Buying in 2024) Home Prices)
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