Get Rich Education

412: Housing Crash Imminent? and 18 Life Lessons

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Synopsis

“How long are you going to wait until you demand the best from yourself?” -Epictetus I share 18 lessons with my 18-year-old self.  #2 is: Don’t fear being different. That’s your advantage. #4 is: No one cares about your college grades. #14 is: Finding the truth is more important than being right. #17 is: What does life want from you? National median home prices eased from June to July—from $414K to $404K.  Homebuilders are in a recession. However, available housing supply is still low and demand is high. Almost every human is forgotten in four generations. Is a housing price crash imminent? You get a clear “yes” or “no” answer. The NAR says that today’s first-time homebuyer is: 33 years old (oldest ever), $86,500 household income, $252K median purchase price, 7% down payment, and 37% carry student debt. Average size is 1,640 sf. If you’d like to advertise with us, visit: GetRichEducation.com/Contact  Resources mentioned: Show Notes: www.GetRichEducation.com/412 Median sale price eases: https://www.wsj.com/ar