Unexpected Wealth Trends For Bottom 50% & Housing Market Insights
In this video, Will Allen discusses several key topics: why higher interest rates from the Fed so far haven't had as significant an impact on consumers as many economists expected, how individuals in the bottom 50% of wealth percentiles have experienced a surge in their bank accounts and net worth, and lastly, a detailed look at how the rise in home prices and mortgage rates has impacted the relationship between buying and renting.