Inflation's path lower will take longer than Secretary Yellen forecast, economist says
1,206
Published 2024-06-25
To gain deeper insights, Middleburg Communities Chief Economist Brad Case shares his perspectives on the ongoing affordability dilemma affecting US homebuyers.
Case highlights two factors driving the current market dynamics: first, the surge in demand is pushing home prices higher; and second, the Federal Reserve has "limited" impact, noting "the solution is really at the local level."
"If you bring down interest rates, all that does is make house prices go up more and that wrecks affordability," Case explains, advocating for a different approach: "What you really need is a moderation in house prices and the only way to get that is supply growth."
Watch Yahoo Finance's full, exclusive interview with US Secretary of the Treasury Janet Yellen.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: twitter.com/YahooFinance
Instagram: www.instagram.com/yahoofinance/?hl=en
TikTok: www.tiktok.com/@yahoofinance?lang=en
Facebook: www.facebook.com/yahoofinance/
LinkedIn: www.linkedin.com/company/yahoo-finance
All Comments (18)
-
I am sure that xAIGK will go 100x just like you said
-
Coinbase, OKX and Binance will list xAIGK very soon. We do not have much time left
-
Why just 2% why not 1% or 0.5%. 2% reminds me of low-fat 2% milk and Curb your Enthusiasm 2% episode
-
What do you think sets xAIGK apart from other projects? It seems to be dominating discussions lately
-
Thanks for sharing NVIDIA and xAIGK. 💯
-
Can anyone explain xAIGK?
-
You mean 33-44%..
-
Thank you for sharing xAIGK💗 I really appreciate it
-
“2% target”
-
Bought xAIGK at 1$, I will keep it until 2025 when it reach 250$
-
Why everyone is talking about xAIGK?
-
Democracy is There!
-
Just watched your video discussing xAIGK and I am very excited about this
-
It is very hard to see project which can be used in real life like xAIGK 🥳🥳🥳
-
xAIGK is still extremely undervalued
-
It is funny that not everyone knows about xAIGK
-
My investment portfolios are Bitcoin, ETH and xAIGK