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Navigating the Housing Crisis Amidst Financial Turmoil
This chapter explores the intricate challenges of the housing market, particularly in relation to rising inflation and interest rates. It highlights the hurdles that developers face and the urgent need for innovative solutions to address the multifamily housing crisis in the U.S. The discussion also touches upon the pivotal role of financial mechanisms and the implications of the AIG bailout on housing finance, revealing the broader impact on the financial system during critical moments.