Housing Market Vulnerabilities
Mark discusses how the housing markets that experienced the most significant price surges during the pandemic are now the most vulnerable. He highlights ongoing migration trends from urban areas to southern and mountain west regions, although these trends are beginning to unwind. Both agree that while asset prices have been inflated due to low interest rates, a normalization process is underway, indicating that there isn't yet a clear opportunity for undervalued assets.In this clip
From this podcast
The Prof G Pod with Scott Galloway
State of Play: Inflation, Recession Signals, and the Housing Market — with Mark Zandi
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