
Why Elon Musk sees house prices, commercial real estate values falling
Elon Musk warned this week that commercial real estate is in meltdown and house prices will slump. • The Tesla chief blamed the Fed's interest-rate rises for putting pressure on property values. • Musk has explained that higher rates mean bigger mortgage costs, making homes less affordable. Elon…
#elonmusk #tesla #federalreserve #tuckercarlson