Today we are digging into the future of home building in America based on the current price surges in key commodities necessary for building homes.Going over lumber futures chart for an example then moving into multiple articles from a diverse group of sources all discussing different aspects of what the rise in housing commodities means for the real estate market.
Would you be purchasing real estate in America in this current market?
Let me know down below…
Links & Timestamps from the show:
-Lumber Futures Chart: https://www.tradingview.com/symbols/CME-LBS1!/
-Ken McElroy’s Channel: https://www.youtube.com/c/KenMcElroyOfficial/videos
-CNBC Article: https://www.cnbc.com/2021/04/30/soaring-lumber-prices-add-36000-to-the-cost-of-a-new-home.html
-National Business Capital Article: https://www.nationalbusinesscapital.com/lumber-prices-2021/#:~:text=While%20the%20economy%20recovers%20from,prices%20has%20been%20quite%20substantial.
-Housing Wire Article: https://www.housingwire.com/articles/insane-lumber-prices-mean-new-homes-cost-24k-more/
-Eye on Housing Article: https://eyeonhousing.org/2021/04/higher-lumber-costs-add-more-than-35k-to-new-home-prices-119-to-monthly-rent/
-WSJ Article: https://www.wsj.com/articles/commodities-boom-hits-home-11615973404
Timestamps:
0:00 Intro
0:10 Infrastructure Plays
0:47 Lumbers Futures Chart
2:18 Media Bias & Finding an Objective View
3:43 WSJ Article on Housing Material Boom
6:29 $36k Add to Cost of Building New Home
7:32 Lumber Price Effects on Businesses
7:50 Ken McElroy American Real Estate YT Channel
9:33 NAHB Housing Article
Thanks for watching, if you have any questions don’t hesitate to reach out to us.
Telegram Insider Chat: https://t.me/joinchat/ID7Q5jQcho4zZWFh
Email: contact@investglobal.io
Twitter: https://twitter.com/investglobal_io
——————————————————————————————————–
Must Watch Videos:
-Global Investment Framework: https://youtu.be/aSsCtx2hcAQ
-How to Do Your Own Research: https://youtu.be/VMqAHQ9BrZ8
-Altcoin Profit Taking Strategy: https://youtu.be/kS6lU2kU5U0
-How to Make $100/day Trading with Global TA [FREE COURSE]: http://bit.ly/globalta
———————————————————————————————————
Free Crypto & Stocks:
📈 Free Stock up to $500 with Robinhood: http://bit.ly/investglobal-robinhood
💎 Free Bitcoin with Coinbase: http://bit.ly/investglobal-coinbase
Preferred Trading Platforms:
🧿 Free $110 with AAX: http://bit.ly/investglobal-aax
💠 Free $80 with Phemex: http://bit.ly/investglobal-phemex
🟡 Trade Altcoins with Binance: http://bit.ly/investglobal-binance
💹 PrimeXBT: http://bit.ly/investglobal-pxbt
🔶 Bybit: http://bit.ly/investglobal-bybit
Earn Interest on your Crypto:
🟦 Blockify: http://bit.ly/investglobal-blockify
🔥 Celsius: http://bit.ly/investglobal-celsius
Top 3 VPN’s
🥇 Nord VPN: http://bit.ly/investglobal-nordvpn
🥈 Mullvad VPN: http://bit.ly/investglobal-mullvadvpn
🥉 Express VPN: http://bit.ly/investglobal-expressvpn
Safest Way to Store Crypto with Hardware Wallets:
🔐 Ledger: http://bit.ly/investglobal-ledger
📖 MUST READ BOOKS: http://bit.ly/investglobal-books
Stay Up to Date With Us On:
Odysee: https://odysee.com/@investglobal:e?r=FMAGe8mCHuVjDXtZGtvQCdnq3nqCUnbw
Twitter: https://twitter.com/investglobal_io
Instagram: @investglobal.io
Telegram: https://t.me/joinchat/ID7Q5jQcho4zZWFh
Weekly Macro Investing Articles: investglobal.io
———————————————————————————————————
Invest Global’s public content is always intended for informational purposes only. You should always consult your financial advisor before making decisions based on public information.
If you would like to work with our team you can contact contact@investglobal.io
We discuss a Myriad of topics including but not limited to: #Crypto #Bitcoin #Altcoins #Blockchain #Altcoin #Decentralized #CryptoNews #Investing #Ethereum #Ripple #Binance #Cardano #Litecoin #BullRun #PassiveIncome #StockMarket Emerging Markets, Global Investment Strategies, International Investing, Commodities, Real Estate, Business, Second Passports, Second Residences, International Diversification, Innovation & Books.
**BEWARE OF IMPERSONATORS AND SCAMMERS IN OUR COMMENTS**