Mounting Debt, Real Estate Agents & Drugs

The Higher Standard

This is an eclectic episode where the boys talk about boiling frogs and somehow relate it to the $34 trillion mountain of nation debt. Then they dive right in to how the pain in the real estate market is now beginning to have a heavy impact on Realtors with 45% of US real estate agents saying they're struggling to pay rent. If buying a home wasn't bad enough, home and auto insurance is becoming nothing short of impossible. It could be worse though, if you're the National Association of Realtors president who announced she is resigning after a "blackmail threat." Then to cap off the show, Chris, Saied and Haroon dive in to how the insanely high rent in most markets is impacting Gen Z.

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Resources:

The $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns (Business Insider)

‘Incredible distortions in our marketplace’: 45% of US real estate agents say they're struggling to pay rent — another bad omen for the housing market. But 2024 could be better (Money Wise)

Buying Home and Auto Insurance Is Becoming Impossible (Wall Street Journal)

Rent is so expensive for Gen Zers that almost one-third are living with their parents, new report finds (Fortune)

National Association of Realtors president says she is resigning after blackmail threat (CNBC)

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