‘DEPRESSED’: Housing market showing ‘just how bad things are,’ economist says

Heritage Foundation public finance economist E.J. Antoni breaks down how U.S. housing has become 'unaffordable' and impacts the greater macroeconomy. #FOXBusiness

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[Aarrenrhonda]

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

[leondonald]

High interest rate causes house market declining, less people are buying houses. more empty comericial buildings are converted into residential condos wich results in rental declining.After covid, more people are working at home, artificial intelligence technology has eliminated many office jobs, and commercial buildings are vacant and converted into apartments.

[Patriciabanks]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[CalvinMorris-cfjk]

how can you send 160 billion to other countries with housing problems in your own country crazy crazy stuff man.

[RaymondcrawRaymondCrawley]

fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[matturner]

I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[mariadrukker]

The situation is indeed concerning. With the housing market being so depressed, it's a clear indication of broader economic issues. I think diversifying your portfolio to minimize exposure to real estate might be a smart move.

[CharleyHull-dnnh]

Every week I buy more bitcoin because i believe it would surge after the halving, but could Gold be the safest buys other than BTC & APPL in terms of growth with $150, 000 to outperform the market this year?

[jamiebeebe]

We have been in a recession for years now, but no one wants to say it. They even tweaked the definition to avoid actually giving it a name.

[LeahLewis-nyiu]

Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[snotbubbles]

All awhile this administration continues to tell the American people that everything is fine. Which should alarm all Americans that this Administration neither has a plan or a concern that the current economy needs to be changed. Why anyone even cast their vote for these people is crazy.

[bykxpxg]

Yes Joey's policies have done so much for the country. Our triple AAA rating dropped to AA only twice in history when Joey was VP and now as president, the deficit is higher than the gdp, mortgage rates highest in 22 years, 8 million illegals into the country wreaking havoc on our cities. Great job Joey.

[marktweet]

Greed conquers all. Prices way too high!

[peterpierce]

I remember in the Carter administration when Interest rates were 18%

[jamesprice]

America's best days are behind it.

[Stewartbuston]

This is a great video and your dedication is highly appreciated, it made me remember the first time I started my journey, my curiosity landed me with arbit pay and all I can say is I can't even believe how far my growth has being.

[PascalBongard-cwhd]

The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

[tammycharles]

Recession are part of the economic cycle, all you do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invested in stocks and biz, built my own business, and have my net worth increased by $500k in the last 4 years..

[dbrewu]

The Median Home Price in the US is north of $400, 000.00 . The Average Home Payment is nearing $3, 000.00 per month . Excluding Property Insurance, Taxes and Maintenance . In Florida Property Insurance in many area's is nearly $1, 000.00 a Month . So all of you moving to Florida to save money ? Good Luck .

[podocrypto]

The housing market has been already slipping backwards since Mid Summer of 2022. Now it's about to do a hard pull back, not only in volume, but in prices, even in the destination states. We may see another 2007-2010 housing market correction this time around, again! Thanks JB! Oh and JB was the VP in the last housing market crash! Thank him for that one too!