Government broke the housing market — only this will fix it

Government broke the housing market — only this will fix it

If you’re frustrated with being unable to buy a home today, you’re not alone. According to the Federal Reserve Bank of Atlanta, homeownership affordability has been near an all-time low since 2023. The deadly combination of both home prices and interest rates skyrocketing broke the housing market, but simply lowering interest rates today won’t fix it.To understand why, it’s important to know what caused this housing affordability crisis. Over th…

How Much Did Housing Prices Drop in 2008?

Discover how much housing prices plummeted in 2008 during the financial crisis. Explore national averages, regional differences, and the lasting impact.