Reported 11 days ago
Economist Lauren Saidel-Baker emphasizes that while rate cuts by the Federal Reserve may boost the real estate market, they won't resolve the long-standing housing shortages and affordability crises in the U.S. She points out that the country has under-built homes for over a decade and that new home construction has not kept pace with rising household formation. Ultimately, Saidel-Baker believes that no single policy can effectively address these deep-rooted issues, and ongoing economic pressures will persist.
Source: YAHOO