Tens of millions of Americans will never own a home — consequences will be severe
The real estate market has been stagnant for two consecutive years due to soaring mortgage rates, leading to a decrease in homeownership and a decrease in wealth for middle-class Americans, as well as a decrease in civic engagement and an increase in populism.
The real estate market has been stagnant for two consecutive years due to soaring mortgage rates, leading to a decrease in homeownership and a decrease in wealth for middle-class Americans, as well as a decrease in civic engagement and an increase in populism.
This article was originally published at: https://thehill.com/opinion/finance/5860410-real-estate-m...