Rates Are Ruining the Housing Market

October 18, 2023 8:55 pm by CWR

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Rates Are Ruining the Housing Market

⚠️Persistent inflation in shelter is evident at 7.2%, with rental inflation at 7.4%

⚠️The median mortgage payment, excluding fees and taxes, has surpassed $2,800 monthly

⚠️Since 1985, median household income has risen just under 40%, while… pic.twitter.com/rni6R4VyVK

— Hedgeye (@Hedgeye) October 18, 2023

See also The last time we saw a synchronized asset melt-up of this magnitude was exactly three years ago at the end of the pandemic. AI explosion will be the largest market meltdown in history.

See also Austin Office Market Sees 49% Discount on Major Property Sale: Capitol Tower and Bridgepoint Square Sell for $64.5M

30-Year Treasury Yield closes at 5% for the first time in more than 16 years 👀 pic.twitter.com/Rg9lhTyyE7

— Barchart (@Barchart) October 18, 2023

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