Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.
Jack Ryan’s book: https://www.simonandschuster.com/books/Bringing-Adam-Smith-into-the-American-Home/Jack-Ryan/9798888451946
Follow VanEck on Twitter https://twitter.com/vaneck_us
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
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Timestamps:
(00:00) Introduction
(01:01) The Residential Agency Brokerage Business Is “The Largest Cartel In The U.S.” Argues Jack Ryan
(17:31) Is This Legal?
(22:54) Role of Multiple Listing Services (MLSs)
(28:02) Zillow’s Business Model
(34:54) VanEck Ad
(35:34) Rex’s Plans To Go Public Disintegrated After Material Slowdown In Business Upon Zillow Change
(39:09) Long And Short Ideas If Brokerage Fees Were To Go Down
(43:56) If Brokerage Is Such A Good Business, Where Are All The Excess Profits?
(48:10) How Zillow’s Business Decision May Have Impacted Rex Homes
(53:41) Rex’s Lawsuit Against Zillow, NAR, and Trulia
(01:05:25) National Association of Realtors (NAR) Has A Grip On Washington DC
(01:11:29) Closing Thoughts On Strength Of U.S. Housing Market
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.
Kyla Scanlon’s Book, “In This Economy?” https://www.penguinrandomhouse.com/books/737854/in-this-economy-by-kyla-scanlon/
Follow Kyla Scanlon on Twitter https://x.com/kylascan
Follow Kyla Scanlon on TikTok https://www.tiktok.com/@kylascan
Kyla Scanlon’s website https://kylascanlon.com/
Follow VanEck on Twitter https://twitter.com/vaneck_us
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
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Timestamps:
(00:00) Introduction
(00:19) In This Economy?
(07:44) How Are The Vibes Right Now
(11:43) Does The U.S. Have A Housing Crisis?
(14:21) VanEck Ad
(15:02) Does The U.S. Have A Housing Crisis? (continued)
(19:45) Declinism & Doomerism
(27:23) Wealth & Income Inequality In The U.S.
(32:46) Political Polarization
(34:16) The Origin Of Money
(36:10) MMT & Debt
(40:48) Elder Care & Child Care Costs
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.