(OUCH) $107,000 of buying power destroyed?

Not looking good for the housing market... [Shield] AN OXFORD CLUB PUBLICATION [Liberty Through Wealth]( THE SHORTEST WAY TO A RICH LIFE $107,000 of Buying Power Destroyed? Marc Lichtenfeld | Chief Income Strategist | The Oxford Club [Marc Lichtenfeld] I just discovered a terrifying figure. If you're at all nervous about the overheating housing market... Read this email in its entirety. As you know, interest rates are skyrocketing. And it's DESTROYING the buying power of anyone looking to buy a house. Economist George Ratiu found that in January of this year, the median household could afford a home priced at $448,000. But now... after so many rate hikes... That number has shrunk to $341,700. In other words, homebuyers have lost $107,000 of buying power since the start of this year - through no fault of their own. Can you IMAGINE waiting a few months to buy a house, and all of a sudden you can't afford the kind of house you've been dreaming of? And with the Fed committed to its rate hikes... [article headline]( I see a LOT more buying power being destroyed over the coming weeks. Buyers will dry up... And what happens in the housing market could infect the rest of the economy. [Click here to get a full view of the economic "contagion" that could destroy retirement for millions of Americans.]( Good investing, Marc [The Oxford Club]( You are receiving this email because you subscribed to Liberty Through Wealth. Liberty Through Wealth is published by The Oxford Club. To stop receiving special invitations and offers from Liberty Through Wealth, please [click here](. Please note: This will not impact the fulfillment of your subscription in any way. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Liberty Through Wealth]( © 2022 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [1.800.589.3430](#) | International: [+1.443.353.4334](#) | Fax: [1.410.329.1923](#) [Oxfordclub.com]( Your Legal Questions... Answered What is The Oxford Club? The Oxford Club is a financial publisher with a highly rated track record. We deliver unique and well-researched financial and investment ideas to our Members. What do you do? We share our team of experts' industry knowledge and timely insights with our Members so they have the financial literacy and tools needed to build a rich, fulfilling life. We do not provide any personalized financial advice or advocate the purchase or sale of any security or investment for any specific individual. Instead, the information we share is directed toward a larger audience of all subscribed Members. So you'll make me rich? Maybe! But not exactly. Our goal is to provide the research and information required to help you make you rich. Investment markets have inherent risks, and we can't guarantee future profits. Why should I trust you? We offer information based on what we think will provide the most value to our Members. Our business depends on Members' interest in our ideas and satisfaction with their results. We've been around for 30-plus years because our Members have continually chosen to stay with us (many of them for life). We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publications before following an initial recommendation. So I can fire my investment advisor? No! Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.