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Podcast: BiggerPockets Daily
Episode: Economic Surge, Housing Plunge: Why Economic Growth Is Wrecking Real Estate Opportunities by Jeff Vasishta
Description: Mortgage rates recently rose above 7% for the first time this year, bringing an already glacial housing market to a standstill. The news has hit investors like a horror movie jump scare after we’d thought the worst was behind us. A robust economy is partly to blame. During the pandemic, when U.S. citizens feared rationing and mass unemployment, predicting our current economy would have been almost unthinkable. Learn more about your ad choices. Visit megaphone.fm/adchoices