Housing Market Slowdown & The Fed: Is Warren Buffett Signaling a Shift?
Description
This episode is packed with a truly shocking stat: the percentage of Americans moving is at its lowest point since 1948. We explore why this is happening and what it means for the self-storage industry, which is deeply tied to the moving process.
We also discuss a few other major topics, including an exclusive clip with Alex Burnham from StorageMart, a deep dive into Warren Buffett's recent investments, and an analysis of homebuilders' desperate attempts to sell their inventory.
In this episode, you'll hear about:
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The historical data showing how much moving has slowed down in the U.S. and its impact on self-storage
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The trend of building smaller homes, which may eventually create more demand for storage .
- The "funky" incentives homebuilders are using to move inventory, and why these are a red flag .
- Exclusive insights from Alex Burnham on his cautious outlook for the market's immediate recovery.
- Why patience is a key virtue in self-storage right now.
- The hosts' upcoming appearances at the SSA's 50th-anniversary event in Las Vegas .
Tune in for a candid and informative chat that helps you understand the current pulse and future direction of self-storage!
Connect with Thaddeus Campbell:
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Website: https://s3.partners/
Connect with Chris Berg:
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Website: https://abernatheydev.com/
Our Data Partner, TractIQ:
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Email: noah@tractiq.com
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Website: https://tractiq.com/