this post was submitted on 03 Mar 2025
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Economy

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Jerome Powell quietly warned there'd be places in the US where you ‘can’t get a mortgage’ — and he’s not wrong (finance.yahoo.com)
submitted 2 months ago by Amoxtli@thelemmy.club to c/economy@lemmy.world
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[–] Buelldozer 1 points 2 months ago

Affording the mortgage is one barrier but if someone can't get or stay insured then they can't carry a mortgage no matter how well their personal math works out. That's the problem that Mr. Powell was talking about.