The Federal Reserve, they came to Celina last night, yeah, Christopher came out and we got to have a great discussion with them. He got to give a whole presentation. We have the whole thing right here. We’re going to show it real quick. Yeah, that’s Shana. She’s a luxury real estate broker. Huge. Thank you to Dr. Blake Bennett for putting this all together with public title. Was there?
Set it up with that for us, and it got super nerdy after the meeting and it was crazy. I was like, What is happening?
And guess who got to participate in all the super nerdiness?
My Federal Reserve race after Bennett and our new friend, we’ve met a new friend last night.
So without further ado, let’s talk about some of the things that the Federal Reserve kind of brought up. Now this is his personal opinion. It’s not anything related to the exact policy that they are going through.
But if we take a look at this. Yes, it did get super nerdy. I’m going to take control of the whole presentation on it.
Yeah, the whole super nerdy presentation. And as I scroll through, what you’re going to see is there’s twenty seven pages here and we can just, yeah, and we’ll share it and let you see. But essentially, he was sharing the difference in this recession and previous ones, right, related to demand in supply for different issues where we are.
Is Texas as it relates to other states or the rest of the country how we’re recovering, we’re home prices are where they’re likely to go, where supply is out for materials and inputs and all these different items.
Yeah, there were a lot of good stats. And one thing that it kind of came to light is, you know, historically every 10 years you have a recession right there like that happens. And it’s like, Well, no, that’s not necessarily true, and we shouldn’t expect that to be the case, right?
