Everyone has seen home prices take off since the pandemic began. As work from home became a reality for many, Americans decided to live where they want. But now that the Fed has decided to hike rates, we have a combination of high prices AND high rates. Something has to give, and it will likely be worse than most expect. Vitaliy explains why.
You can read this article online here: https://contrarianedge.com/are-housing-prices-about-to-drop-a-value-investors-take/
Are housing prices about to drop? A value investor’s take - Ep 171