Economic Shifts and Housing Market Dynamics

This chapter explores the economic implications of the U.S. borrowing at low rates, rising interest rates, and the sustainability of deficit spending. It highlights the changing dynamics in the housing market, focusing on the increasing leverage of buyers and personal experiences of a couple purchasing their first home. The discussion also touches on the broader impacts of trade wars and tariffs on industries like aviation, revealing the intricate connections between economic fluctuations and market behaviors.