Jack Ryan on The Housing Cartel That's Stifling The American Economy
发布时间 2024-05-28 19:05:00 来源
摘要
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
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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.
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