Dearest readers, hope you are doing well this week. I have received lots of messages regarding my previous blog post where I shared some genius infotainment that has made me laugh so many times lately. To everyone who messaged me, and those who thought about messaging but decided to stay anonymous- thank you :) Today, I wanted to share with you some truly next level knowledge about housing market prices and how central banks look at them; also, I wanted to share with you an amazing and growing YouTube channel.
No affiliation whatsoever; I feel (or rather I know) that I am performing public service by sharing this with you. If you go on YouTube and search Patrick Boyle, you will find his channel. This person is a hedge fund investor, a university professor and used to work as an investment banker- quite a career if you ask me. he explains every video topic very well, he throws in some subtle humor into the mix, and his content opened my eyes on how things in finance and investing really work, both in the past and in the present.
Whether you are renting a property, you own one or you live with parents and hope to rent or own in the future, here is a very important video on rising real estate prices and how central banks treat this. As real estate is the largest investment most people make in life, you cannot treat this like a car or a smartphone where you use them without knowing how they work, how they are priced and where their value is going in the future. One of the most interesting parts is his explanation why some countries take home prices into account when they calculate CPI, and others do not. Also, not every country's central bank does it the same way. When he explains it, you realize that there is no evil intent behind any of the approaches that central banks around the world choose to utilize; they just do the best they can. It is up to us to try our best to learn the past and present of the circumstances we find ourselves in, and then try to make plans for different future scenarios. Have a look:
No affiliation whatsoever; I feel (or rather I know) that I am performing public service by sharing this with you. If you go on YouTube and search Patrick Boyle, you will find his channel. This person is a hedge fund investor, a university professor and used to work as an investment banker- quite a career if you ask me. he explains every video topic very well, he throws in some subtle humor into the mix, and his content opened my eyes on how things in finance and investing really work, both in the past and in the present.
Whether you are renting a property, you own one or you live with parents and hope to rent or own in the future, here is a very important video on rising real estate prices and how central banks treat this. As real estate is the largest investment most people make in life, you cannot treat this like a car or a smartphone where you use them without knowing how they work, how they are priced and where their value is going in the future. One of the most interesting parts is his explanation why some countries take home prices into account when they calculate CPI, and others do not. Also, not every country's central bank does it the same way. When he explains it, you realize that there is no evil intent behind any of the approaches that central banks around the world choose to utilize; they just do the best they can. It is up to us to try our best to learn the past and present of the circumstances we find ourselves in, and then try to make plans for different future scenarios. Have a look:
If you do check out the video and like his style, check out his other videos as well. If you are actively interested in how money works, you will find at least a few more videos you like.
Till next time :)
Till next time :)