Wars, Economies, and the Housing Market: Navigating Unstable Times

The Real Deal with Ryan Marshall and Carrie Ann Chandler

What if wars could significantly influence your next home purchase or rental decision? Find out as we plunge into a comprehensive exploration of the impact of conflict on economic stability. Looking at the recent war in Ukraine and a potential regional war in the Middle East, we examine how altered energy prices, surging transportation costs, and rising inflation are reshaping the US housing market. We also discuss how the Fed is responding to these changes, and how emotions often supersede logic when dealing with issues as volatile as war.
Diving deeper, we look at the uncertain geopolitical landscape and its implications on our financial security. We delve into the effects of globalization and the financial consequences we might face in this increasingly polarized world. Strap yourself in as we simulate scenarios such as 30-year fixed-rate mortgages hitting 8%, and mortgage demand sinking to its lowest in 30 years, caused by the conflicts. We also explore the potential inflation surge in case of a second regional conflict.
Finally, we negotiate the path to financial independence through homeownership - is it a safe haven or a ticking time bomb? We weigh the pros and cons of buying a home, contrast renting with home payments, and contemplate if it’s the right time for first-time homebuyers. We also spotlight the ramifications of an ascend in the interest rate and the possibility of turning a home into a rental property. A word of caution, or an invitation to opportunity? Tune in to discover.

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