108 - Economy Meltdown 2022 And Being “House Poor”

2022 is the beginning of what some predict will be some economic turmoil, even worse than what we are suffering in the early summer of this year. Inflation is out of control, homes and mortgage interest rates get less affordable, and rents keep increasing at alarming rates. The question is, how prepared are you? What can you do once this economic turmoil comes? In this episode, David Sidoni discusses how renters avoid getting crushed by landlords if buying a home means you will be "house poor," or worse, “house broke.”

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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.

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