Speculation on Housing Prices and Mortgage Rates

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This chapter discusses the speculation surrounding housing prices and mortgage rates. The speaker argues against a housing recession, citing historical evidence and the ongoing demand-supply imbalance in the housing market. They also question the impact of lower mortgage rates on home affordability and raise the broader economic implications.

The current U.S. housing market is plagued by soaring interest rates and dwindling affordability for millions of Americans. Plus robust consumer spending and rising debt is raising concerns about the long-term stability of the economy. Get the facts first on Morning Wire.