America is now investing more money in computers than housing. 🤯🏠💻
AI and data-center investment is exploding while residential investment is struggling under high interest rates.
And that creates a huge problem:
We already need more homes. If high rates discourage builders from creating new supply, where are those homes supposed to come from?
High mortgage rates don't automatically fix housing affordability.
Sometimes they make the supply problem worse.
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #MortgageRates #HousingMarket #RealEstate #AI #Homebuyers