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971: BiggerNews: Mid-Year Housing Market Update + Mortgage Rate Forecast w/Redfin Chief Economist Daryl Fairweather
BiggerPockets Real Estate Podcast
Juxtaposition between Economic Data and Economic Sentiment
The economic data shows job growth and reduced unemployment, especially in lower wage sectors, fueled by progress with unions and minimum wage increases. However, for the middle class, it may seem that expenses are rising without significant benefits. The perception of economic conditions varies based on one's position in the economy. While traditional strong sectors like real estate and technology show slower growth, lower-paying jobs are a significant source of new employment opportunities.
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