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Podcast: Kerry Lutz's--Financial Survival Network
Episode: The Lock-In Economy - Jason Hartman
Description: Mortgage rates tripled. The crash never came.In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn’t collapse when borrowing costs exploded.Nearly 25% of homeowners hold mortgages at or below 3%. About 65% are at 4% or less. That “lock-in effect” crushed supply and froze mobility.Fewer than 800,000 homes are listed nationwide — under 0.6% of America’s 140 million housing units. Owners won’t give up cheap debt. Inventory stays tight. Hartman believes this imbalance could persist into 2032–2033.Scarcity and utility continue driving prices — even after the rate shock.The conversati...