Ivy Zelman, Zelman & Associates Here's Why This Housing Expert Says The Market is "Euphoric" and Urges Caution | #403

Published: March 30, 2022, 5 p.m.

b"Today\\u2019s guest today is Ivy Zelman, CEO and co-founder of Zelman & Associates, a leading housing research firm. She was recently named to Barron's 100 Most Influential Women in U.S. Finance and gained notoriety leading up to the Great Financial Crisis when she pounded the table the market was overheated, even asking Toll Brothers CEO Bob Toll \\u201cwhich kool-aid are you drinking\\u201d on a 2016 earnings call.\\nIn today\\u2019s episode, we start by going back to 2008 and hearing what led her to be one of the few housing bears. Then we get into the housing market today, which she describes as euphoric and bonkers. She explains why poor demographics and lack of affordability due to rising rates lead her to think the market is over-extended today.\\nWe also get her thoughts on other important trends effecting the housing market today: the entrance of iBuyers and Wall Street firms, why she doesn\\u2019t think housing demand is as high as other analysts, and the impact of supply chain issues.\\n-----\\nFollow Meb on Twitter, LinkedIn and YouTube\\nFor detailed show notes, click here\\nTo learn more about our funds and follow us, subscribe to our\\xa0mailing list\\xa0or visit us at cambriainvestments.com\\n-----\\nToday\\u2019s episode is sponsored by MUD\\\\WTR. MUD/WTR\\xa0is a coffee alternative that supports your morning ritual without all the anxiety and jitters of coffee. Get your starter kit and free frother at\\xa0mudwtr.com/meb\\xa0and use code FABER for 15% off.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"