Will Housing Ever Be Affordable?

In the midst of a housing shortage, Corey and Rachelle walk through some of the reasons housing has become so expensive in this episode of Financial Clarity for Doctors. Is it possible for this to get better in the future?

Some of the topics discussed include:

• Supply and demand for housing
  • The influence of the 2008 housing crisis and the pandemic
• The affects of regulation on housing costs
• The changing dynamics of home ownership including foreign investors and short-term rentals
• Possible solutions for this challenge, including increased multi-family housing, government subsidies, and naturally changing demographics.

Every location is different, and when making decisions about home ownership or renting, look at all the factors.  This can include things like how long you plan to own the home, where you are living, and the price of comparable rentals.  It is often assumed that buying is better, but that’s simply not the case every time.  To hear more, listen to the full episode.

For more financial planning tips from Corey and Rachelle, find them on social media!
LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance 

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Finity Group, LLC and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.