Plain English with Derek Thompson cover image

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

Plain English with Derek Thompson

00:00

Housing Market Dynamics Amid Economic Shifts

This chapter examines the effects of rising mortgage rates and economic uncertainties on the housing market, highlighting a possible 10% decline in home prices in 2023. It also explores demographic trends, particularly millennial demand for housing, and the balance between short-term challenges and long-term opportunities in the sector.

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