CPI, Euro Equities, The Fed, and Real Estate (Podcast)
Bloomberg Intelligence
00:00
The Slowdown in Home Price Affordability
Affordability is a huge, huge problem. We're at the lowest we've been in almost 40 years now. You just have to wait for interest rates to come down. How does this work in the housing market? Do you see home builders giving breaks on maybe buying down some of the mortgage payment for buyers?How does this work? Right. On one hand, home prices are playing a role. The other contributor is income growth. So many times you need income growth to catch up to that home price appreciation.
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