CSPAN3 Hearing On Housing Market Home Prices July 15, 2022
However, not everyone has been able to realize the dream of Home Ownership and the pandemic housing boom has made these disparities worse. In fact, while millions of people were able to take advantage of historically low Interest Rates to purchase homes or reinforced finance their mortgages, skyrocketing home prices and other ongoing challenges made it harder for millennials and gen z people of colour and individuals without intergenerational wealth to compete and access Home Ownership. So, while the Federal Reserve estimates that home equity reached a record 27. 8 trillion by early 2022, many...