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6min chapter
The US Housing Affordability Crisis, Explained
Big Take
Housing Market Challenges and High Mortgage Rates
The chapter delves into the challenges faced by homebuyers due to high mortgage rates, leading to decreased budgets and increasing numbers of cash buyers. It also examines the impact of the housing market slowdown on the rental market, exacerbated by low housing supply and limitations in Federal Reserve interventions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode