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Self-driving shakeup: TuSimple CEO fired & Argo AI shuts down + Divvy Homes CEO Adena Hefets | E1600
This Week in Startups
Is the Housing Market a Slowdown?
Existing home sales are down 20% year on year but pricing is still up 8%. We're in this very weird in between where usually when demand has come down as much as it has because of where mortgage rates are. So I'd say equity markets kind of responded really quickly housing markets go a lot slower and so we're waiting to see that fallKind of take place and that's probably going to come. In mid 2023. And then how do housing prices actually correlate to your business? It seems to be like more affordable houses is better but at the same time people are looking for a way in.
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