✉news WorldImmigration first seen 5 d ago, last 4 d ago, peak #1
JP Morgan strategist says housing crunch is about people, not homes
Original: The 'haunted' housing market's real problem may be too few people, not too few homes, says J.P. Morgan’s David Kelly
David Kelly, chief global strategist at J.P. Morgan, argues the so-called 'haunted' US housing market's core problem is a shortage of people rather than a shortage of homes, pointing to demographic shifts such as slower population growth and falling household formation. The remarks challenge the common narrative that limited housing supply alone is driving affordability problems, and are drawing attention from housing market watchers.
Why now: Housing affordability and supply remain hot economic topics, and a prominent strategist challenging the conventional shortage narrative sparks debate.
David KellyJ.P. MorganUS housing market
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