Housing Prices Continue To Soar Due To Supply Chain, Labor Shortages

The video discusses the current housing market, highlighting supply chain and labor challenges that have led to a slowdown in building. Despite economic recovery, housing prices remain high due to low supply and high demand. The average household income is insufficient to afford current home prices, which have surged significantly. Experts anticipate a potential market downturn as the Federal Reserve plans to raise interest rates, but the timing and impact on prices remain uncertain.

What advice do conventional financial planners give regarding home purchases?

What are some predictions regarding the future of the housing market?