
Home Prices Are Stuck
ChatGPT said:
The housing market isn’t returning to pre-pandemic affordability anytime soon. Mortgage rates would need to drop by 4.3%, home prices by 41%, or incomes to spike 69%—all unlikely.
ChatGPT said:
The housing market isn’t returning to pre-pandemic affordability anytime soon. Mortgage rates would need to drop by 4.3%, home prices by 41%, or incomes to spike 69%—all unlikely.
The housing market is stuck in an affordability crisis—either incomes need to rise 69%, home prices must drop 41%, or mortgage rates have to fall by 4.3% to return to pre-pandemic levels.
The housing market is stuck in an affordability crisis—either incomes need to rise 69%, home prices must drop 41%, or mortgage rates have to fall by 4.3% to return to pre-pandemic levels.
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