Housing Market Dynamics
Aswath discusses the surprising resilience of housing prices despite rising mortgage rates, suggesting that homeowners are adopting a "this too shall pass" mentality. He emphasizes the need for companies and individuals to adjust to potentially prolonged high rates, warning that the pain may manifest at a micro level. Additionally, he highlights the importance of realistic valuations, advocating for a focus on current market conditions rather than temporary assumptions.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Third Quarter Review — with Aswath Damodaran
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