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Briton Hill, Managing Partner of Providence Capital Group, says that the housing market could remain "stuck" and in short supply for a number of years. Hill gives his outlook on home prices, mortgage rates, and stock markets.
*This video was recorded on October 4, 2024
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0:00 - Intro 0:40 - Housing market is "stuck" 2:30 - Housing shortage 3:14 - Bank losses 7:34 - Mortgage rates to stay high 10:15 - Buyers’ or sellers’ market? 12:52 - Capital borrowers’ profiles 15:17 - Lumber price 16:30 - Construction starts 18:22 - Housing affordability solutions 25:14 - Homebuilders’ priorities 26:15 - Stock market outlook
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