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Watch: 'Red hot' housing market could explode; 'I'm really nervous' about it - Ex-Trump advisor Steve Moore (youtube.com)
An imminent housing market collapse is possible, said Stephen Moore, Chief Economist at FreedomWorks and former Trump advisor. Excessive spending and bad economic policies have caused inflation and a potential recession, he said. Moore spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at FreedomFest 2022 in Las Vegas.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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Follow Stephen Moore on Twitter: @StephenMoore (https://twitter.com/StephenMoore)

0:00 - COVID policy
2:22 - Biden, the Fed, and Inflation
9:24 - Biden admin's business experience
14:11 - Housing market
16:58 - U.S. energy policy
19:58 - Will Trump run again?

#inflation #trump #realestate
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    • 1
    Francisco Gimeno - BC Analyst Good and thorough interview on US housing market, and its possible crash in near future. This housing market we live is different from the past ones as many big investors are just buying estate to make them assets. Private buyers find more difficult to buy, prices are not good, the market is having issues. Why if those big investors stay with their assets and being unable to monetise them? The crash will happen. There are other outside factors which will be more or less stronger according to who you believe, for instance the economic policies of this US Presidency. Stress signals all around global economy.