Episode Details

The hidden recession no one talks about is here, and it’s hitting the housing market hard 🏚️. Hey, it’s Dan from IAllegedly! In today’s video, I’m breaking down the shocking stats and trends affecting homebuilders, construction, and real estate. Housing starts have plummeted, building permits are at a five-year low, and affordability is out of reach for many. Did you know the median home price is $400,000, and in some areas like Tustin, CA, you can’t find anything under $1,300,000? With 7% mortgage rates, reduced builder sentiment, and home improvement projects slowing down, we’re seeing the silent effects of what I call the hidden recession.

Plus, I’m sharing tips on how to negotiate better deals on homes, live within your means, and avoid financial pitfalls. Don’t miss my thoughts on why this could be the beginning of something bigger and how it’s impacting everyday life, from cars to vacations.

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