Another excellent video by Patrick Boyle, this time about th..
🕑 Added 2023-12-19 00:12:56 +0000 UTC
Another excellent video by Patrick Boyle, this time about the frozen real estate market!
https://youtu.be/91UQfdUtTc0?si=wzDsWdCrYoNn5L6r
From the video description:
Would-be homebuyers are facing massive sticker shock, with measures of affordability worsening at the fastest pace on record. The US real estate market has frozen up with the volume of new sales slowing at a faster pace than even during the aftermath of the global financial crisis.
Does this mean that home prices are about to collapse? Will we see a repeat of the Global Financial Crisis of 2007-2008?
