Housing Market Dynamics
The economy is currently less responsive to interest rate hikes than in the past, largely due to homeowners and corporations entering this cycle in strong financial positions. With many homeowners locked into low mortgage rates, there's a reluctance to sell, resulting in limited housing supply and ongoing bidding wars in some markets. This unique situation has prevented the typical decline in home prices, illustrating how the effects of past events continue to shape today's market.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Ozempic’s Market Impacts and Surging Bond Yields — with Downtown Josh Brown
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