Why Housing Feels Broken And What Could Help Fix It? | Ep. 38

Описание: We’re taking a closer look at the loudest housing headlines currently happening. Are we actually on the brink of another 2008-style crash, or is the story more complicated? Could 50‑year mortgages be a lifeline for buyers or a slow‑burn problem in the making? And how do you figure out whether a home truly fits your life, not just what a lender says you can qualify for?

Topics include:
💭 What a 50 year mortgage does to your monthly payment and your long term interest
💭 Who may a 50 year mortgage and who could it help?
💭 Why affordability today can turn into a headache later especially near retirement
💭 The five to seven year rule and why short stays in a home can be riskier than they seem
💭 A big overlooked tax rule that may be quietly locking people into their homes and why Michael, CFP®, EA thinks we should change the rule
💭 Renting vs buying and when renting may actually be the smarter move
💭 How Airbnb investors, private equity, and supply shortages affect prices
💭 Common housing budget rules like the 28 percent guideline and where they can fall apart
💭 Why bank pre approvals are not the same thing as real life affordability
💭 Ways and strategies to save for a home

𝐖𝐡𝐲 𝐰𝐞'𝐫𝐞 𝐡𝐞𝐫𝐞?
We’re here to make retirement planning feel less intimidating by helping people think through their strategies and plans through clear relatable financial topics!

💬 Questions or Want to Connect?
🌐 𝐖𝐞𝐛𝐬𝐢𝐭𝐞: www.custerfinancialadvisors.com
📧 𝐄𝐦𝐚𝐢𝐥: [email protected]

00:00 Housing Thoughts & Ideas
01:21 Housing Market Crash Worse Than 2008?!
02:40 50-Year Mortgage Helpful or Harmful?
04:58 Interest Owed on a 15 Year vs 50 Year Morgage?
06:06 Who Likes a 50-Year Mortgage?
07:08 Make Sense to Rent?
08:53 Shouldn't It Be Cheaper to Own Than Rent?
13:15 Mortgage Still Around at Retirement?
14:37 Housing Crash Soon?
15:45 How Could We Fix Housing Affordability?
17:29 Who's Buying All the Homes?
18:49 Basic Housing Rule of Thumbs
21:37 Are Classic Housing Rules Even Possible Now a Days?
24:16 The Emotional Side of Home Buying
26:25 Do Banks Offer More Than You Can Actually Afford?
29:23 Should We Raise the Tax Free Amount on a Home?!
33:47 Move & Property Taxes Skyrocket? Why?!
35:11 Ways to Save Up for a Home
37:44 Youtube Disc. TN & Words.mp4

Disclosures:
Harborfront Financial Group is a Registered Investment Advisor registered with the Securities and Exchange Commission (SEC). Registration as an investment adviser does not imply a certain level of skill or training, and the content of this communication has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority.
The information contained in this material is intended to provide general information about Harborfront Financial Group and its services. It is not intended to offer investment advice. Investment advice will only be given after a client engages our services by executing the appropriate investment services agreement. Information regarding investment products and services are provided solely to read about our investment philosophy and our strategies. You should not rely on any information provided on our web site in making investment decisions.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Harborfront Financial Group, a Registered Investment Advisor. Harborfront Financial Group and Custer Financial Advisors are separate entities from LPL Financial.
This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing. All investing involves risk including loss of principal. No strategy assures success or protects against loss.