Midyear Market Outlook: What Our Mailbag Tells Us About Investor Sentiment
Stansberry Investor Hour
00:00
The Effects of Higher Interest Rates on the Housing Market
Through June 22nd, there were 324 bankruptcy filings not far behind the total of 374 in 2022. Even if the monthly mortgage price demand curve remains the same, even if supply of homes is reduced, home sale prices can still go down 15% or 20%. No, I think it's actually, okay, 10%, 15%, whatever, what's that going to do? It's going to make it more affordable. And the demand is still there relative to the supply.
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