Housing CRISIS: Un-Affordablity Will BRING IT DOWN
At the moment, the housing market only has 1 leg to stand on, that is low inventory that is the only thing left driving un affordability. Mortgage applications are at 30 year lows, interest rates are above 7% and most buyers simply cannot afford to buy in this environment. But this housing crisis only needs a small nudge to bring the whole thing down...
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Articles Mentioned in the Video
https://apple.news/AKsR-UJLPQZG344LewJTCvw
https://www.cnbc.com/2023/07/11/11-us-cities-where-rent-has-fallen-the-most-in-the-last-year.html
https://finance.yahoo.com/news/hotel-reit-says-likely-return-214720507.html
https://apple.news/A-jTF1NnRQD2oRO6nUUz84g
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