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4min chapter
Melody Wright: Housing Market 'Hurricane' Approaching
Coin Stories with Natalie Brunell
Challenges of Affordability in the Housing Market
In this chapter, the speakers discuss the current state of the housing market, highlighting the challenges of affordability. They share personal experiences of listings being sold immediately with cash offers and discuss the potential issues borrowers may face due to increasing property taxes and insurance. The chapter also mentions the government programs in place to assist homeowners, but raises concerns about the amount of government lending and the impact it may have on borrowers. The speakers express their belief that home prices, rather than interest rates, are the main factor affecting affordability.
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