Navigating the Housing Crisis: Interest Rates and Affordability

This chapter explores the complex dynamics of the current housing crisis in the United States, highlighting how rising interest rates significantly impact housing affordability and the broader market. It discusses the implications of high rates on both home buying and rental markets, as well as regulatory hurdles and construction costs that exacerbate the affordability issue. The speakers analyze the challenges faced by potential homebuyers, particularly lower-income households, and the shifting focus of builders in response to economic pressures.