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It’s a little bit pessimistic. I’ve watched a bunch of this guy’s videos now, and most are. So, take it with a grain of salt.
But I think we know these things:
- Inflation is cooling, but still prevalent.
- Interest rates still high, and probably going up a half-point tomorrow.
- Some companies are pulling back on “remote forever” and want people near HQ (“many” companies as opposed to “some companies,” really).
Then we have a few “reputable” sources jumping in, including The New York Times:
Between soaring prices and rising rates, the typical home buyer in October paid 77 percent more on their loan, per month, than they would have last year, according to Realtor.com. With a national median asking price of…