Wall Street investors mobilize into the single-family housing sector, driving up the price of real estate. Thinking outside the box may help buyers compete.
People in the U.S. workforce are at risk as the storm of corporate layoffs begins. Job losses will reduce consumer spending & demand for housing will decrease.
Reasons for concern are clear in certain economic indicators — the price-to-rent ratio, in particular, and the price-to-income ratio — which show signs that 2021 house prices appear increasingly out of step with fundamentals.