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Follow the Money - the Silicon Valley Bank Failure and What it Means for Realtors
03/21/2023
Follow the Money - the Silicon Valley Bank Failure and What it Means for Realtors
This week, Paul is joined by LA Realtor Podcast producer and GreatBuildz co-founder, Jon Grishpul, to discuss the recent failure of Silicon Valley Bank. We go over the basics of what went down and why, how the events of the 2008 recession may have kicked off the issues we are seeing in the economy today, and why the recent and sudden interest rate increases may be ultimately to blame. We also cover the dangers of 'cheap money,' the importance of keeping calm in troubled times, and what all this might mean for realtors in the coming months. Paul Dashevsky, GreatBuildz Sara Lehmann, Glen Oaks Escrow Jon Grishpul, GreatBuildz The LA Realtor Podcast
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