David Lin | Housing Supply Highest Since 2008, What's Next For Prices? | Eric Basmajian @TheDavidLinReport | Uploaded July 2024 | Updated October 2024, 5 hours ago.
Eric Basmajian, economist and founder of EPB Research, discusses the rate at which the economy is slowing, the outlook for U.S. housing market, and the long-run real income outlook.

Watch Eric's last interview with me: youtu.be/dmxDyKaB83M?si=5r1MlB1e0ZwBKUxt
Housing supply at more than 16-year high: reuters.com/markets/us/us-new-home-sales-slump-six-month-low-may-2024-06-26/#:~:text=WASHINGTON%2C%20June%2026%20(Reuters),housing%20market%20recovery%20was%20faltering.

*This video was recorded on July 2, 2024

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0:00 - Intro
1:00 - Labor market overview
3:43 - Economic growth
12:54 - Housing supply
17:07 - New listings
20:48 - Home price outlook
22:17 - Lumber price
25:23 - Small business sector
27:20 - Investment implications
31:34 - Long-run income

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

#economy #investing #realestate