Wall Street Weighs the Next Big Risk
Bloomberg Businessweek
00:00
The Rise of Single Family Homes in the South
With mortgage rates at 7%, a lot of people cannot buy homes. Also, as Carol mentioned, existing homes aren't coming on the market and they're forced to either remain renters or go back into the rental market. So what's driving rents higher? I mean, here in New York, the rent is just too damn high.
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