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Progressing Through The Credit Tightening Cycle | Julian Brigden

Inflection Point

00:00

The Stock Market Levitating a Little Bit

Housing is, you know, we talked about kind of the stock market levitating a little bit more than I thought it would. And why have we seen house prices be so stubborn? Well, I think because it's partly works with the lag. We built 43% more homes since the summer of COVID to accommodate that great migration. Those houses are slowly coming and starting to hit the market but they're hitting a market where affordability is poor.

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