Mark, it's great to have you. And there's, of course, some great anecdotal evidence to be had in Fed minutes, as well as the Fed's Beige Book. And I'm wondering, because it's been a while since we've had a chance to talk with you, how you describe this moment in our economy and how the president should state next week.The state of our union is what. Oh, well, fortunately, I'm not president, Joe. That's a tough one.Well, good luck with that, you know. You know, my sense of the economy is would depends on whi ...

As housing prices climb out of reach, discouraged Americans may be reaching for crypto and other risky investments https://t.co/0nDJniprPp ...

The Trump administration says its crackdown on immigration is reducing housing prices. Economists say other factors such as oversupply matter more. https://t.co/9PUnImoVDB ...

South Korean President Lee Jae Myung delivered an unusually stark warning against real estate speculation, urging multi-homeowners to consider “the blood and tears of millions of young people” unable to buy homes due to run-away prices https://t.co/HtlWF5R0x5 ...

and existing housing, people that own their homes. We're going to keep them wealthy. We're going to keep those prices up.We're not going to destroy the value of their homes so that somebody that didn't work very hard can buy a home. We're going to get we're going to make it easier to buy. We're going to get interest rates down, but I want to protect the people that for the first time in their lives feel good about themselves.They feel like they've, you know, that they're wealthy people. And I want them to u ...

WORD AFFORDABILITY AND THAT'S INTERESTING BECAUSE TODAY DONALD TRUMP SAID YOU DON'T TALK ABOUT THAT ANYMORE. LET'S LISTEN TO WHAT HE SAID ABOUT THAT WORD TODAY. YOU DON'T HEAR THE WORD AFFORDABILITY ISSUED BY THE DEMOCRATS ANYMORE.NOW THEY'RE GOING INTO OTHER THINGS BECAUSE THEY'RE GETTING BEATEN BADLY ON AFFORDABILITY. WHAT'S YOUR RESPONSE TO THAT. MAYBE HE WANTS TO MEET ABIGAIL SPANBERGER AND MIKEY SHERRELL AND ALL OF THESE STATE CANDIDATES ACROSS THE COUNTRY.WHETHER IT'S LEGISLATIVE RACES, WHETHER IT'S M ...

>> AFFORDABILITY IS FRONT AND CENTER IN WASHINGTON, D. C. RIGHT NOW, ESPECIALLY AFTER PRESIDENT TRUMP'S MEETING WITH NEW YORK CITY MAYOR ELECT ZORAN MAD MONEY LAST WEEK.BUT OUR NEXT GUEST SAYS THAT DESPITE THIS RENEWED FOCUS, AFFORDABILITY IS A PROBLEM THAT JUST CAN'T BE SOLVED. GREG IP IS THE WALL STREET JOURNAL'S DEPUTY ECONOMICS EDITOR AND CHIEF ECONOMICS COMMENTATOR. STEVE LIESMAN, BY THE WAY, IS BACK WITH US FOR THIS CONVERSATION AS WELL.BUT, GREG, WELCOME. IT'S IT'S GOOD TO SEE YOU THIS MORNING. YOUR ...

Core Insights - The current housing market is characterized by high interest rates, low inventory, and intense bidding wars, which have made it challenging for first-time buyers [1] - Many potential buyers are waiting for a more stable market, but this hesitation could lead to significant financial losses [1] Group 1: Reasons for Hesitation - Common reasons for delaying home purchases include waiting for interest rates to drop, concerns about housing prices, saving for a larger down payment, and hoping for more inventory options [7] Group 2: Financial Implications of Waiting - Experts warn that waiting to buy a home can be costly, as even small increases in prices or interest rates can lead to substantial monthly payment increases [4] - A case study illustrates that clients who delayed their purchase saw their monthly payments rise significantly due to increased interest rates, with one example showing an increase of approximately $1,200 per month [6]

Housing Market Analysis - Real housing prices, when priced in gold, haven't significantly increased in recent decades [1] - The core issue is the decline in real wages for young people [1] - Offshoring and immigration have contributed to decreased housing affordability [1]

Housing Market Analysis - Real housing prices, when priced in gold, haven't significantly increased in recent decades [1] - The core issue is the decline in real wages for young people [1] - Offshoring and immigration have contributed to decreased housing affordability [1]