Part 4/8:
Southwick brought up fears about the current housing market, referencing concerns expressed by economist Robert Shiller about an ongoing housing boom. Brokamp reassured listeners by noting that, historically, house prices are often resilient, even amidst stock market downturns, and that the perception of the housing market is often clouded by the unique circumstances of past recessions.
He noted that many recent trends do not necessarily guarantee a collapse and encouraged viewers to treat their homes as assets, emphasizing the potential benefits of home equity rather than merely focusing on price fluctuations.