#housing #yahoofinance #recession
National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi to discuss the state of the housing market, home builder sentiment, inflation, Fed interest rate hikes, a housing recession, and the outlook for the housing market going into 2023.
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*Redwood City, CA Housing Prices Crater 27% YOY As Bay Area Rental Rates Plummet*
Wow
Maybe our worthless government should jump in and assist these home builders and offset the cost to build so people can afford a home and build towards generational wealth instead of wasting 100+ billion funneling our tax money to corrupt Ukraine. Enough with that BS and if you think otherwise, you’re a fool! Zelenski is extorting the world like a mob boss. Wake up! Direct that money to help Americans have a roof over there head so we don’t become a renter nation.
What about population decline, Our younger generations have many issues on affordability and the largest baby boom generation, retiring and downsizing. we will need few homes and there will be MASSIVE inventory.
LOL. Housing prices are not going anywhere unless there is a huge increase in salaries. Industry has seen a decade worth of growth in just 2 years. Let’s make the prices fall 20-30% for the healthy long term growth.