COVID-19 and the lockdown-induced recession had enormous impacts on the American economy. Beyond the massive increases in federal spending, skyrocketing inflation, delayed supply chains, and unemployment, the shutdowns severely disrupted the housing market — making home ownership even less affordable for the middle class.
Now, the Federal Reserve is warning of a housing bubble as average home prices soar above half a million dollars. Are their fears justified? If so, what could that mean for your family?
.png)
.png)
