Real Estate News: Real Estate Investing Podcast
Kathy Fettke / RealWealth
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U.S. Debt Surpasses GDP: What It Means for Real Estate Investors
America has reached a historic economic milestone. For the first time since World War Two, U.S. public debt has grown larger than the nation's entire economy. In this episode of The Real Estate News for Investors, Kathy Fettke breaks down what public debt actually means, why federal interest payments have now topped one trillion dollars a year, and how rising debt could affect taxes, consumer spending, Treasury yields, mortgage rates, and the housing market. Most importantly, what should real estate investors be watching next as Washington's debt continues to grow? 🏠 Want to learn more about investing in real estate? Visit www.Realwealth.com/TopCities. Source: https://www.cbsnews.com/news/us-debt-exceeds-gdp-first-time-since-wwii/
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