Housing Market Crisis
Homeownership is increasingly out of reach for younger generations, with average home prices skyrocketing while salaries lag behind. The dramatic rise in interest rates has not only made mortgages more expensive but has also led to a paradoxical increase in housing prices, as existing homeowners cling to their favorable mortgage terms. This has resulted in a market where fewer people under 40 can qualify for homes, raising concerns about the long-term implications for the American dream.In this clip
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Prof G Markets
Goldman and Apple Part Ways, Shein and Temu, and Charlie Munger’s Legacy | Prof G Markets
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