Sunday, January 5, 2025

"If Nobody Can Afford A Home...Who's Going To Buy Them?"

Full screen recommended.
Michael Bordenaro, 1/5/25
"If Nobody Can Afford A Home...
Who's Going To Buy Them?"
"If nobody can afford a home who is going to buy them? The answer is increasingly becoming nobody as we see transactions in the housing market now hitting 30 year lows. For a while, the narrative in the housing market was that home prices will continue to rise forever because we have a major housing shortage in this country. But looking at where the current inventory stands at the beginning of 2025 we know that there is no housing shortage, and there never was."
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