In this week’s episode of the Plutonomix Podcast, Barnaby Levin and Laurie Kamhi start with a quick recap how the emergence of Unionization may be a manifestation of the "Battle between the HAVES and HAVE NOTS."  Continuing with that larger theme, their focus today is on Housing -- how it's contributing to Wealth Inequality and its impact on different age groups. They analyze statistics, trends and predictions related to housing prices, homeownership, mortgage rates and Supply & Demand dynamics. They also highlight the challenges faced by potential homebuyers and the effect Demographic shifts will have on this.  

TIMESTAMPS

(01:25) Recap of the emergence of Unionization as a Manifestation

(02:49) Returns for Housing versus the Stock Market

(03:46) Housing's impact on Wealth Inequality

(04:50) Barriers to Entry 

(05:45) Different Perspectives on potential Supply & Demand dynamics in the Housing market 

(08:00) Taking things with a Grain of Salt, what should people do?

(09:00) The biggest Winners and Losers 

(09:25) Draft Kings and Taylor Swift

RESOURCES

• What I Think I Know by Barnaby Levin
• The Illusion of Knowledge by Howard Marks
• Closing Technique of the Week: The Ben Franklin Close
• CNBC: The Fed has not made a compelling case for taming inflation by crushing demand, says Judy Shelton
• Stanley Druckenmiller says he'd be 'stunned' if a recession doesn't happen in 2023
• Contact Barnaby
• Contact Laurie

Hightower Advisors, LLC is an SEC registered investment advisor. Securities are offered through Hightower Securities, LLC, Member FINRA/SPIC.