BofA CEO on the affordability crisis: 'It's a real issue'

I think we have an affordability crisis because people believe there's affordability crisis which will shape their behavior if it doesn't come in the line. That's largely around housing and rent costs which are still rising but have rising a less fast rate. It's around insurance costs which actually came back in line. It's around food cost and and gas cost.And so if if if a deal gets worked out and gas prices come back down, that takes away one of the concerns. But it's a real issue. ...

BofA CEO on the affordability crisis: 'It's a real issue' - Reportify