The K-Shaped Housing Market

Households have dealt with a lot of hurdles in the 2020s, economically-speaking. First there was the pandemic which screwed up supply chains and led to an unthinkable amount of government spending to keep people and businesses afloat. That led to the highest inflation levels in four decades. Then the Russia-Ukraine war sent gas prices through the roof. We also had tariffs to deal with last year. The Iran war this year sen...