“50% Price Cuts!” and Other Outrageous Housing Crash Clickbait w/Jeb Smith
On The Market
Shownotes Transcript
Ever seen those YouTube videos titled** “A housing crash) is coming THIS year!”** or “Prices are falling 50% in insert state”? If so, you’re not alone. There’s so much housing market clickbait being thrown at you daily that it’s hard to distinguish the actual data from the “expert takes” only done for clicks. So today, we’re breaking down some of the most hyped housing market takes from YouTube, examining** the data they’re using**, and giving our thoughts.
To join us is Jeb Smith), a real estate broker associate with over 18 years of experience and a fellow YouTuber who’s just as tired as we are of the constant “crash bros” populating your YouTube homepage.
Together, Dave and Jeb are breaking down a couple of recent videos, one talking about the** “50% price cuts in California”** and a “major housing crash,” as well as one video anticipating that “all hell breaks loose” come this December (wait, isn’t it December already?)
Together, our goal is to** ensure you never get fooled by easily manipulated data** so you can make the best investing decisions).
In This Episode We Cover
The** “major housing crash” coming to California** and whether there’s truth in this
Why one real estate media channel thinks **all hell will break loose soon **
**Demystifying the data **behind the **real estate “crash bros” **on YouTube
Whether Jeb believes **home prices **will rise (or fall) in the coming year
**Housing market data that WE trust **to make our real estate predictions), forecasts, and investing decisions
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Find an Investor-Friendly Agent in Your Area)
On The Market 128 - The Worst Real Estate Investing Advice)
Grab Dave’s Book, “Real Estate by the Numbers”)
Connect with Jeb:
Jump to topic:
(00:00) Intro
(01:08) “Major California Housing Crash!”
(12:58) The Truth About California
(20:19) “All Hell Breaks Loose!”
(30:27) Don’t Get Fooled by This
(33:54) Debunking the Clickbait
(39:11) Connect with Jeb!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/on-the-market-278)
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