This Is When The Recession Arrives

<p>Haroon starts off the show extra sassy by giving Chris a taste of his own medicine.&nbsp; Chris quickly jumps in to a CNBC article about how 1 in 4 U.S. homebuyers want to move to a different city.&nbsp; The boys break down why Zillow tends to be bullish and their data should be looked at with caution.&nbsp; U.S bank lending is declining for the second straight week and Chris goes off on “tipflation” once again.&nbsp; He has been visceral every single time he talks about how out of control tipping has gotten.&nbsp; They round-out episode 165 by diving in to where starter homes are affordable and migration trends as reported by the always superior data source provider - Redfin.&nbsp; If you’ve read this far and you haven’t left us an “honest 5 star review,” we would appreciate you doing so now.&nbsp;</p><p><strong>Resources:</strong></p><p><a href="https://www.cnbc.com/2023/07/30/1-in-4-us-homebuyers-want-to-move-to-a-new-city.html" rel="noopener noreferrer" target="_blank">1 in 4 U.S. homebuyers want to move to a different city—here’s the No. 1 place they’re looking</a> (CNBC)</p><p><a href="https://www.bloomberg.com/news/articles/2023-07-28/can-i-afford-a-house-start-homes-are-getting-even-harder-to-buy" rel="noopener noreferrer" target="_blank">It’s Getting Even Harder to Afford a ‘Starter’ Home in the US</a> (Bloomberg)</p><p><a href="https://fortune.com/2023/07/28/housing-market-bottomed-says-zillow-regional-home-price-forecasts-2024/" rel="noopener noreferrer" target="_blank">Zillow is so sure that U.S. home prices have bottomed that it just issued bullish calls for these 48 housing markets</a> (Fortune)</p><p><a href="https://www.marketwatch.com/story/u-s-bank-lending-declines-for-second-straight-week-bb0ca798" rel="noopener noreferrer" target="_blank">U.S. bank lending declines for second straight week</a> (Market Watch)</p><p><a href="https://www.reuters.com/markets/us/clock-feds-soft-landing-may-already-be-ticking-2023-07-31/" rel="noopener noreferrer" target="_blank">Clock on the Fed's 'soft landing'