Is a housing crisis underway? Why crypto investors should care
Cointelegraph analyst and writer Marcel Pechman explains if there is a housing crisis underway and why crypto investors should be paying attention. The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on the day-to-day crypto activity. In today’s episode, Pechman discusses the housing crisis , especially after the United States Case–Shiller Index dropped for the seventh straight month. Increased mortgage rates certainly played a part, considering 15-year financing rose to 5.6% from 3.7% in March 2022. However, Pechman explains why commercial properties represent a much more immediate risk, as Business rapidly decreases during recessions. Moreover, corporate layoffs usually cause a cascading effect as fewer companies compete for commercial properties. At the same tim...