UNAFFORDABILITY Just KILLED The Housing Market

The typical mortgage payment in the U.S. just reached a new record high of $2,563 per month which is in practical terms "unaffordable" for the average American household. Besides the bank failures and looming recession, I believe unaffordability alone is enough to tank the U.S. housing market.

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Articles Mentioned in the Video
https://www.floridarealtors.org/news-media/news-articles/2023/03/fha-approves-40-year-loan-modifications
https://www.floridarealtors.org/news-media/news-articles/2023/03/fla-senate-passes-affordable-housing-plan
https://www.consumerfinance.gov/about-us/newsroom/cfpb-uncovers-illegal-junk-fees-on-bank-accounts-mortgages-and-student-and-auto-loans/
https://apple.news/AJT-Ox54zSka9jXxi85Mylg

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