Warren Buffett and Housing

In the ‘old days’ it was an accepted fact that housing always went up and it was a good investment.

Well, the days have changed and we are in a new day. What’s that mean for housing?

This is the thing, we have made about 7-figures through real estate but the game has changed. Housing prices are off the charts, and the bubble today is bigger than the bubble of 2006-2008 that brought us the great financial crisis. When it burst people lost their homes, jobs were lost, and the economy took a good five years to crawl out of the hole.

The lessons of that day weren’t really understood and now we are repeating some of the same behaviors. People can be greedy and it drives markets, including the housing market.

What’s interesting is that with everything going on, seasoned and wise, Warren Buffett is stepping down from the Berkshire Hathaway brokerage.

Here’s my video response (available to members): buymeacoffee.com/themoneymojomentor/warren-buffett-housing-members-only.

Post that inspired this post: https://www.facebook.com/share/p/1F16S5HKKK/