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Episode 64 - What is luxury?

Episode 64 - What is luxury?

Released Tuesday, 9th May 2023
Good episode? Give it some love!
Episode 64 - What is luxury?

Episode 64 - What is luxury?

Episode 64 - What is luxury?

Episode 64 - What is luxury?

Tuesday, 9th May 2023
Good episode? Give it some love!
Rate Episode

New cars, once part of the American Dream, now out of reach for many

Scarcity = Luxury?

On shoes

Blundstones

What % of real estate - and all - markets are luxury?

Housing availability

Mortage Rate Lock-in

Having kids and demographics

30% of people don’t have mortgages

1/3 of new inventory is new construction - historical average is closer to10%

Scarcity of the right kind of house that buyers need - referencing sandwich generation.

Homebuilder sentiment index

Great (builder) profits amid lousy sales

Lumber prices - from a high of $1,500 to current ~$520

Scarcity created in new construction markets

Apartment glut - here or coming?

Remodeling opportunity will abound as the market shifts

Does the speed and ease of communication drive the frenzy and the markets?

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