WHO IS TO BLAME FOR HIGH HOME PRICES?

Home prices are high, but who (or what) is to blame? It's not just one factor that makes home prices high.... It's a lot of factors that all work in tandem to support a housing market that is by design to be robust. Have these factors led to a housing bubble? What or who has influenced the historic rise to home prices? Many are saying that this is the worst time to buy because of the home price surge. But will home prices crash with all of these factors that have been created in order to stimulate housing demand?

The bigger question is who benefits from these higher prices? That could explain why we have high prices (and why they are most likely not going to go crash). You read that right. To your question of whether Home Prices will crash. The answer looks to be no. Real Estate Economics 101 in todays video.

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Disclaimer: These are the opinions of Jeffrey Chubb personally and not eXp Realty. You should do your own research to come up with your own conclusions when it comes to making the investment decisions of buying or selling real estate. Jeffrey is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.