If you live in the U.S. and are hoping to buy a house in the near future, you’re out of luck. During the pandemic, a mass exodus occurred from cities to the suburbs. People bought their first homes with incredibly low mortgage rates. However, the good times couldn’t last, and this high demand for houses led to a severe drop in supply. And when there is high demand and low supply, prices go up. This is exactly what happened with the housing market in the United States. But what goes up must come down, and now everyone is waiting for the housing market to crash. The only question is, when is that going to happen? Watch and find out
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