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The Zero Interest Rate Era Is Over, What Next? | Weekly Roundup

Supply Shock

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Housing and the China Slowdown

This chapter analyzes the impact of rising mortgage rates and the slowdown in the housing market. It explores the factors behind falling housing prices and the declining affordability index, highlighting the negative impact on average Americans and the growing wealth disparity. The chapter also discusses the trend of young people giving up hope of owning a home and opting to rent instead.

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