Episode 53: Housing Crash in 2023? You do need to know.

Are you following the housing market? All business owners and managers should. While other industries only affect us if we are in them or related to them, housing affects all of us.

Will there be a housing crash in 2023? Or is the crash cancelled? Eric and David weigh in on where the year is going.

We conclude with some valuable insight on housing affordability from the Atlanta fed. It shows that all is not well, and business owners need to develop scenarios which encompass these possible future states of the world.

https://www.atlantafed.org/center-for-housing-and-policy/data-and-tools/home-ownership-affordability-monitor

This is a near-term future state of the world with a probability high enough that it should definitely be part of your scenario planning. For more on incorporating scenario planning in your financial models, be sure to also listen to Episode 21: Your Financial Forecast: Not A Tool To Predict The Future, But A Tool To Create It