Who Messed Up the US Housing Market?
People are discussing whether the Fed messed up the housing market. Mohammed Alarian thinks they did. The Fed's moves messed up the balance of people wanting to sell (they don't) and people wanting to buy (they hesitate due to high prices and mortgage rates). Mortgage rates went from less than 3% to about 7.4%, which is a big jump. This situation has caused worries about the housing market.
Watch more of this short video from AirBnBust Update: "Zero Reasons" For Optimism | Amy Nixon.
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