Nicole Friedman, a housing reporter at The Wall Street Journal, shares insights on the dismal home affordability crisis and the economic forces behind it. Dave Ramsey, CEO of Ramsey Solutions, weighs in with his take on the current market, emphasizing the longstanding nature of these challenges. The discussion covers the struggles of younger generations, escalating mortgage rates, and the trend of multi-generational living as a financial strategy. They also touch on the generational divide in financial advice regarding homeownership in today’s economy.
