Surveillance: Inflation with Jamie Dimon (Podcast)
Bloomberg Surveillance
00:00
The Housing Market of 20 22 Is More Immune to Rising Interest Rates
The housing market of 20 22 is more immune to the rising interest rates that a lot of people are hoping will dampen some of the price increases. Right now, about one and eight homes are being purchased by investors. You didn't see that two years ago. The problem really is in the city's court for making a fordable housing. Our supply is like a third of what we actually need. And i don't think they're going to happen in the part of town that people wont impress their friends with.
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