Navigating Housing Affordability Challenges

This chapter examines the critical state of housing affordability in the U.S., noting that it has hit a 40-year low amidst rising mortgage rates and an evolving market. It discusses the contrasting dynamics between declining prices in some hot markets and stable performance in others, while also predicting future trends influenced by socioeconomic factors. The chapter highlights potential investment opportunities, the struggle of commercial real estate, and the challenges of converting commercial properties into residential spaces amid a housing shortage.