Starter homes are exceeding $1M in these US cities: Ryan Serhant

Serhant founder and CEO Ryan Serhant breaks down the U.S. economy’s ongoing housing market struggles during an appearance on ‘Varney & Co.’ #foxbusiness

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[sloth]

So we over spend two whole cities worth of value each year. Insane.

[newshoes-bfxv]

When is the United States going to build the tallest building?

[YanYanNgan]

Americans people Obediently bring blessings
be honest with ourselves
is integrity characters mindset IN CHRIST Awesome
enemy rejects me God’s blessed me abundantly . Amen

[BrittanyDoris]

*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

[V.stones]

I was just reading that in some cities, even starter homes are going for over a million dollars now. It’s insane!

[aquanettte]

That is NOT a starter home!! Get real!! No one can afford that wow!!

[aquanettte]

This guys clueless to real starter homes 😂😂

[LeahLewis-nyiu]

That's no place for beginners! Who wants to shell out that much cash for a house? I don't get why folks think housing is a better investment than stocks.

[thatonekid]

My grandfather worked at a grocery store and bought his home for $78, 000 that home is now worth $1.5 million dollars as is

[rncgsu]

What a load of BS. Go try to sell your home for a million dollars.

[wormhole-rl]

If it's 1 millie then it's not a starter home.

[FrankGallagherr]

Who thinks Trump is 1000X better than Harris

[chrismcpherson]

Most parents don't have the money

[hlf_coder]

I'm not a real estate expert, but I don't see how this housing market can go on in perpetuity. The math just doesn't work. Almost nobody can afford prices anything close to this level, even if interest rates plummet. It seems like something's gotta give at some point.

[grizbaseball]

Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto

[maxnine]

Greed "baby" Greed....prices for building materials are in the stratosphere green new deal is a costly idea, and that's all it is "an idea"

[Ravi-rltt]

You will own nothing and you will be happy.

[joecarlino]

My first house was 40k.
Fixer upper, Detached SF without garage.

[dirostudios]

It has everything to due with the gov collecting more property taxes.

[backpackingonline]

I am supposed to feel better about my $100, 000 small house?