The

economists are predicting that rising inflation could cost Americans more than $5,000 over the

next year in higher food, energy, and housing prices.

The inventory shortage is everywhere.

The demand is across the board and across all price points.

Now the Federal Reserve is warning that we may be facing a housing bubble.

I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley.

Thursday, March 31st, and this is Morning Wire.

A new explosive video leaked from a meeting at Disney shows the company is doubling down

on their efforts to increase sex and gender messaging in children's content.

Our leadership over there has been so welcoming to like my like not an all-secret gay agenda.

And China's worst COVID outbreak in two years is wreaking havoc on the residents of Shanghai.

Thanks for waking up with Morning Wire.

Stay tuned, we have the news you need to know.

As inflation continues to hit record rates, new data from the census department shows

that for the first time, the average sale price of a new home in the US is above half a million dollars.

Now the Federal Reserve is warning that a housing bubble could be brewing.

Here with more as Daily Wire's cabinet Phillips, so cabinet first tell us just how drastic

this price increases been and then we'll get into the root causes.

Yeah, if anyone's house-sending right now, this won't come as a huge shock,

but according to the monthly residential sales report from the Census Bureau,

the average new home sold for $511,000 in February.

...