David Lin: Bank Losses Dwarf 2008, Housing Shortage is Extreme

As we dive into the complexities of today’s economic landscape, it’s hard to ignore a striking assertion made by Briton Hill, Managing Partner of Providence Capital Group: current bank losses are dwarfing those incurred during the 2008 financial crisis, while the housing shortage continues to reach extreme levels. In a recent conversation with David Lin, Hill shed light on how these interconnected issues could shape the housing market, mortgage rates, and ultimately, stock performance in the coming years. When we reference the 2008 financial crisis, most people recall the significant repercussions it had on both the housing market and broader…