While the US housing market is forecasted to thaw and see lower mortgage rates and home prices in 2026, that doesn’t necessarily mean there will be available housing supply as older homeowners are staying put.
Meredith Whitney Advisory Group CEO Meredith Whitney explains the impact that Baby Boomers deciding to “age in place” is having on housing supply, while also commenting on the portion of home equity loans currently being utilized for manufacturing projects.
Whitney has been dubbed the “Oracle of Wall Street” for forecasting the 2008 financial crisis during her time as an analyst.
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