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Melody Wright: Extreme Corrections are Coming in Housing Markets

Palisades Gold Radio

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Shifts in the Housing Market Landscape

This chapter explores the evolution of the housing market over the past 15 years, emphasizing the impact of the 2008 financial crisis and subsequent events like the COVID-19 pandemic. It addresses the transition from primary residences to investment properties, driven by rising rental prices and demographic trends. Additionally, the chapter highlights the challenges faced by younger generations in home ownership amid fluctuating mortgage rates and economic pressures.

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