91. Is This Economic Boom an Illusion? GDP Growth vs. Housing Reality
Drunk Real Estate
Housing Market Dynamics and Challenges
This chapter explores the complexities of the single-family housing market, emphasizing the disconnect between sellers' price expectations and current market realities. It highlights the challenges posed by rising construction costs, interest rates, and regional discrepancies, which contribute to a stagnant housing market and affordability crisis. The discussion also assesses the potential impact of economic conditions and interest rates on housing inventory and homeownership experiences during recessionary periods.
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