Dave Ramsey has tough words for people who can’t afford a house

I have a friend, who is two years younger than I am. He has been house shopping, but is waiting for two reasons. The houses are that have been financed since interest rates have increased will have a difficult time when rates come down and the housing market drops. People who will want to refinance for a lower rate will find it difficult to do so because they would refinancing an amount greater than the new value of their home.