Billionaire Jeffrey Gundlach Just Issued a Housing Market Warning

Billionaire investor Jeffrey Gundlach recently rang the alarm over a number of growing economic concerns, including a potential housing market crash. Indeed, the DoubleLine Capital CEO predicts a major reversal is headed for home prices, stocks and even the wider economy. What do you need to know about Gundlach’s startling prediction? Well, in a recent company webcast, Gundlach expressed concerns over the state of the housing market. He believes that elevated mortgage rates have pushed buyers out of the market. All the while, current home owners enjoying pandemic-level, near-zero mortgage rates are reluctant to sell. This dynamic…