ONE WILL SURVIVE: Red States v Blue States

Republican States in for a big HOUSING CRASH? You won't believe what the real estate data is saying!

The US Housing Market is arguably in its biggest Bubble of all-time. Home prices are at record highs. Home price growth is at record highs. Inventory on the market is at record lows. A big Housing Crash could be around the corner. But this crash likely won't impact all states across America equally.

Red / Republican States are ones that voted for Donald Trump in the 2020 Election by a wide margin (Idaho, Tennessee, Arkansas). Blue / Democrat States voted heavily for Joe Biden (California, Massachusetts, Maryland). Could these voting trends predict which Housing Markets are in for the biggest economic and financial crash?

Home prices in Democrat States are higher than Republican ones - about 80% higher according to data from Zillow. Some of this difference is explained by Democrat real estate markets like New York and California having higher wages than Republican markets.

But what will happen to housing prices into the future? Will Blue States maintain their lead over Red States?

One big advantage that Republican Housing Markets like Texas, Idaho, Utah, and Tennessee have is that they grow jobs and population much more than their Democrat counterparts. In fact, Republican States have a job growth rate 3x higher than Democrat ones over the last 20 years (Source: BLS).

This could mean that in the long-run Republican States outperform in terms of real estate growth and appreciation. However, in the short-run, they could underperform given that the Texas Housing Market, Idaho Housing Market, and Utah Housing Market all appear to be in big bubbles that could come crashing down.

---

CHANNEL MEMBER: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
INSTAGRAM: https://www.instagram.com/reventure_consulting/
TWITTER: https://twitter.com/nickgerli1
CONACT US: https://reventureconsulting.com/contacts/

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

0:00 Red States v. Blue States
1:06 NEW Data Point in this Video
1:44 2020 Presidential Voting %
2:37 Democrat States More Expensive
3:57 Future Prices: Where to Invest?
4:55 Republican Job Growth is 3x Better
6:04 It's all about MIGRATION!
8:05 SUPPLY v. DEMAND
9:32 NIMBYism in Blue States
10:47 So What's the Answer? Red or Blue?
12:04 Long-Term: It's Red States
13:01 Real Estate is LOCAL!
14:11 New Background! What Do You Think?

#HousingCrash #RedStates #BlueStates

Видео ONE WILL SURVIVE: Red States v Blue States канала Reventure Consulting