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6min chapter
Real Estate Market Will Stay "Savagely Unhealthy" For A Long Time | Logan Mohtashami
Forward Guidance
The Doom and Gloom of Housing
Logan: People forget that housing authentically broke out before covid hit us. Housing peaked in 2005 sales fell 2005 six seven and eight job loss recession happened credit was deteriorating all the way down here Sales are falling inventory is nowhere near 2012 2014 or 2016 levels and we're not anywhere close to 2006 or eight or 10 inventory levels why because the homeowner is doing better now, he says. Logan: Everyone needs to worry about homeowners as renters don't have much protection with fixed-rate mortgages.
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