Will the new housing law lower home prices?

Home prices have reached another all-time high—but Congress has just passed the biggest affordable housing bill in nearly 30 years.

Will it actually help first-time buyers?

Real estate economist Ken Johnson explains why mortgage rates remain the biggest challenge, when conditions could improve, and why an older home may actually be the better investment.

#bizshow #HousingMarket #MortgageRates #HomePrices #AffordableHousing #realestate

Watch CGTN LIVE on your computer, tablet or mobile https://www.cgtnnow.com/featured/events/cgtn-live-now-1 Subscribe to CGTN America on YouTube Follow CGTN America: X: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @cgtnamerica

This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.