“Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers”
Expect this to be a flashpoint issue n the 2024 presidential election if prices and/or mortgage rates don’t correct substantially by then https://t.co/NzOynYAyvG
— Adam Taggart (@menlobear) June 13, 2023
In Phoenix, investors have sold at a loss for nearly 31% of the homes they tried to flip, more than double the national rate, per Bloomberg.
— unusual_whales (@unusual_whales) June 13, 2023
WSJ: “Apartment rent growth is declining fast .. the largest deceleration over any year in recent history ..”
@WSJ #CPI https://t.co/lf30i6gPXe
— Carl Quintanilla (@carlquintanilla) June 13, 2023