This is a YouTube video titled "📈 House Values and Recession 📈" containing a monologue or presentation from April 21, 2022, discussing historical trends in house prices during recession periods and explaining why current housing market dynamics differ from past recessions, emphasizing a shortage of houses and steady price increases.
A common topic we hear quite a bit these days is buyers want to wait for house prices to plummet and then they're going to buy. But let's dive into that. This is the last nine recession periods, these dark periods here. And let's look at house values during this course of time. House prices continue to increase at a very steady pace. Sure, 2008 was a different time period there a lot of people rent houses that shouldn't have been. There was an all time high amount of houses available, so the values were very low. Complete opposite dynamics these days, all time shortage of houses. So sure, a lot of the economy might get hit hard the next year, but house values will not be one of.
