Tom Lee: Declining US Housing Prices Will Gradually Cool CPI
Source：
x.com
Odaily News, Tom Lee stated on the X platform that sufficient housing supply in the US means supply exceeds demand, requiring price adjustments that will intuitively lead to a decline. Falling housing prices will act as a major force cooling inflation, with rising rents partially offsetting this effect. However, since 63% of households own their homes, CPI will gradually cool down.