Rising Mortgage Costs & Inflation - Andrew Ragusa- #6174

Financial Survival Network · Oct 30, 2024 · 16m · transcript

Kerry Lutz and Andrew Ragusa engaged in a comprehensive discussion about the New York real estate market, focusing on the effects of rising mortgage payments and inflation on home prices, noting that homes are selling for unexpectedly high prices despite needing repairs, as buyers are becoming less selective. Lutz expressed skepticism regarding the government's ability to effectively address these challenges, while Ragusa underscored the importance of property ownership amidst these difficulties. They also observed a trend of individuals returning to urban areas due to employer demands, which…