Is the U.S. housing market much weaker than the official data suggests? Melody Wright joined Milk Road Macro after driving 3,000+ miles across 13 states to find out what's actually happening on the ground. Her conclusion: the housing crisis has already begun. Most investors just can't see it yet. She argues housing inventory is being undercounted, foreclosure risks are rising, and the data everyone relies on is missing the real story. The spreadsheet says one thing. The streets say something completely different.
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