"A bubble that's been ready to burst for a long time and hasn't"

A shortage of homes for sale, causes bidding wars, driving prices up. A hike in interest rates, drives mortgage payments up. It adds up to the mortgage payment people can't afford. 

Mike Ostermiller, CEO Northern Wasatch Association of Realtors shares his insight on what needs to happen to get out of the housing squeeze. 

D2 asks for listener calls: Will you let your kids live at home?

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