140: Buffett Bets on The Housing Market EVEN as Mortgage Rates Hit 20-Year High
Mortgage rates are ravaging the real estate market, but Warren Buffett is bullish on housing. With interest rates at twenty-year highs, almost any house is unaffordable to the everyday home buyer. And, with rising insurance costs, commercial real estate investors face HUGE policy hikes that are eating away at any leftover cash flow. But is this just the storm before the calm—have the price hikes peaked, and could we be in store for a more affordable market?
All the doom and gloom can seem scary; thankfully, Dave Meyer, James Dainard, and Kathy Fettke have brought their financial flashlights…
The skinny
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