Simply Unaffordable! US Housing (Un)affordability Hits An All-time Low As Fed Tightens (22 Straight Months Of NEGATIVE Real Wage Growth Isn’t Helping) – Confounded Interest – Anthony B. Sanders

February 28, 2023

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ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Powell, REITs, Silver, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve

February 28, 2023

1 Minute

US housing is simply unaffordable.

Janet Yellen and The Federal Reserve held rates too low for too long and now we are paying for it. Now, after a massive run-up in home prices, The Fed is raising rates helping make US housing the most unaffordable in history (or at least since the early 1980s).