The Fed Has Made Zero Progress Fighting Inflation – Ep 847
The Peter Schiff Show Podcast
00:00
Why I Don't Want to Sell a House
The cost of building homes is rising faster than the market value, he says. "There is no way I am paying off a mortgage at three and three eighths" The banks are losing money on jumbo mortgages that they issued when interest rates were low,. But now they're going to lose money on this mortgage every year until it is repaid.
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