Investors Are Controlling the Housing Market (Not How You Think)
On The Market
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Housing Market Dynamics and Affordability
This chapter explores the impacts of rising mortgage rates on the housing market, creating a 'payment shock' for homeowners while reflecting on prior trends driven by low rates. It highlights the current struggle for affordability, with a significant gap between median income and home prices, contrasting today's market with the 2008 crash. The speakers offer a cautious outlook, predicting slow recovery as different regions experience varying trends in home prices and market activity.
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