Markets.News
Renowned investor Steve Eisman, famous for predicting the 2008 subprime mortgage crisis, stated on his podcast that he does not see a similar crisis looming in 2025. Eisman reassured that current market dynamics are significantly distinct, allaying fears of a real estate crash. He emphasized that the housing market's issues today are not linked to subprime loans but are a result of the significant increase in mortgage rates post the Federal Reserve's rate cuts during the pandemic. Eisman's insights highlight the impact of these changes, indicating a shift in market conditions. For more details, visit Benzinga.com.