The U.S. Housing Market is currently in the ICU, but it thinks it’s training for a marathon.
In the latest edition of Dementia in CRE, we diagnose Affordability Anosognosia—a clinical condition where the patient (the housing market) is physically unable to recognize its own impairment. We’re dissecting the "Golden Age" hallucinations coming out of the latest SOTU and why a 6% mortgage rate isn't the "cure" everyone thinks it is.
If you believe housing is becoming “affordable” just because the bleeding slowed down, you might be suffering from the same delusions as the market. 🩸📊
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