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
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