✉news BusinessReal Estate first seen 3 d ago, last 1 d ago, peak #1

Peter Schiff warns of housing 'disaster' as Fannie Mae and Freddie Mac shares tumble

Original: Peter Schiff Sees 'Disaster Waiting to Happen' in Housing Market as Fannie Mae, Freddie Mac Shares Tumble, Says Home Prices Will Have to 'Implode'

Economist Peter Schiff warned that the US housing market is a 'disaster waiting to happen', predicting home prices will have to 'implode'. His comments came as shares of mortgage giants Fannie Mae and Freddie Mac fell sharply, adding to concerns about the sector's stability.

Why now: A steep drop in Fannie Mae and Freddie Mac shares has revived fears of a housing market correction.

Peter SchiffFannie MaeFreddie Mac

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• Peter Schiff Sees 'Disaster Waiting to Happen' in Housing Market as Fannie Mae, Freddie Mac Shares Tumble, Says Home Prices Will Have to 'Implode' · Yahoo Finance
• Peter Schiff Sees 'Disaster Waiting to Happen' in Housing Market as Fannie Mae, Freddie Mac Shares Tumble, Says Home Prices Will Have to 'Implode' · TradingView

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