The Peter Schiff Show Podcast cover image

Something’s Gotta Give – Ep 798

The Peter Schiff Show Podcast

00:00

Home Prices Are Up 20 % Year Over Year

Even before mortgage rates shot up, home prices were so high that affordability was at an all time record low. But now the cost of borrowing money to buy those houses are soaring. Home owners will have to cut back on spending in other areas if they want to keep their homes. It's exactly why the economy is going into recession. The fed had all the money because they were creating it out of thin air. When it doesn't create power, it destroys value of money that already exists.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app