Housing Affordability in America has hit a 4 Decade Low:
Problems!
- Mortgage rates are reaching 8% in some states.
- Most Buyers cannot afford a home.
- Buyers who can afford a home don't want to move because they have
3% mortgages locked in from the Pandemic.
- Thus causing a housing supply shortage.
- 1% of homes have changed hands this year, the lowest in …
Keep reading with a 7-day free trial
Subscribe to FinThink Research to keep reading this post and get 7 days of free access to the full post archives.