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A rally on Wall Street, throwing in the towel on housing and Wolfgang Puck 10/21/22

Power Lunch

00:00

Housing and REIT Analysts Hit All-Time Highs

The parabolic spike in mortgage rates now above 7%. Starting home ownership further out of reach for many people. At current prices, a home would cost nearly 42% of a median family's gross income. The CNBC investing club gets you access to Jim Kramer like never before. Know what he's trading before he makes the trade. Subscribe today at CNBC.com slash Join Jim.

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