Bestselling author and radio and podcast host Dave Ramsey believes that supply and demand dynamics in the housing market would help prevent a 2008-like crash. However, he acknowledged that the current housing market is far from ideal. Many analysts and economists have cautioned about a bubble burst in the real estate market and have compared the situation to the ones seen during the 2008 crisis. - In last year's Ramsey Real Estate Reality Check, he said there are too many buyers in the market, but very few houses for sale, and this imbalance would hold the market together.
- In a recent Ramsey Show episode, he added that people being confined to their homes led to a desire for change and highlighted the lumber shortage seen during the time, which increased prices.
- He also pointed out that builders have slowed their construction of speculative homes, contributing to the shortage of available homes for sale.
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