Decade of Cheap Money and Local Regulations Fueling High Housing Prices, Says Real-Estate CEO
Top Real-Estate CEO Warns of 'Perfect Storm' Keeping Housing Prices High
The housing market is facing a 'perfect storm' of high prices fueled by tricky local regulations and a decade of cheap money, according to a top real-estate CEO. The CEO highlighted the unprecedented demand driven by supply constraints as the main factor driving prices up. The outlook for housing prices remains elevated due to these persistent market dynamics.
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