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Good point. Home prices were moving back towards their long-term trendline, but might not even have fallen that far yet. Still, the driving force of rising shelter costs is the higher interest rates.
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Good point. Home prices were moving back towards their long-term trendline, but might not even have fallen that far yet. Still, the driving force of rising shelter costs is the higher interest rates.
They might be cooling a bit, but they rose to double during covid. With inflation, many people cant even save money anymore. Its rough out there.