The housing market is on the verge of collapse, again
The US housing market is showing signs of mounting stress as homebuilder sentiment reportedly falls to a 14-year low in October and housing starts decline 5.2% in September, defying expectations for an increase. Falling building permits, labor shortages, rising cancellations, and strained mortgage affordability are adding to concerns about the housing sector's outlook. The 8:30 hosts Julie Hyman, Pras Subramanian, and Jake Conley break down the troubling housing data, what's driving the slowdown, and whether conditions could deteriorate further for homebuyers, builders, and the broader economy.
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