@BabyD1111229@TedLogan1010 Two close friends of mine are flight instructors with thousands of hours in the air. I asked them after seeing this tweet and they actually confirmed. Surprising what you find when asking the REAL experts.
30y mortgage rates just hit 4%.
At this rate, people are going to soon find out their houses are โworthโ much less than they think.
And this has important second round effects on spending and sentiment.
Real estate is the biggest global asset class by market cap.
Watch it.