HACKER Q&A
📣 dan_sss

What’s Up with the Housing Market?


Can someone please explain what are the true underlying causes for this recent explosion in the housing market?


  👤 smt88 Accepted Answer ✓
1. Insanely low interest rates

2. Low inventory due to recent urbanization trends (seems to be an issue worldwide)

3. A lot of disposable income among people who kept their jobs and stopped going out or traveling during the pandemic

4. Ongoing risk-taking by lenders, encouraged by their ability to sell loans to the federal government