Topic: Housing Starts

1 chapters across the catalog

Planes Trains and Lyndon LaRouche
Episode 41 22:54 - 26:13

41: Planes Trains and Lyndon LaRouche

Real Estate Market Collapse, California Housing and UK Realtors

The discussion focuses on the collapse of the housing market, noting that prime mortgages are now seeing defaults alongside subprime loans. In California, housing starts have halted despite demographic shifts. Curry shares an anecdote from the UK where realtors are aggressively cutting asking prices by 25% before potential buyers even view a property.