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121 sats \ 1 reply \ @Undisciplined 2 Jun \ parent \ on: Stuck in a Starter Home econ
Assuming the same home stays at the same price, of course.
It seems like prices are adjusting really slowly to the higher interest rates, but that's mostly because the price change (demand shift) is manifesting in reduced sales volume.
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52 sats \ 0 replies \ @k00b 2 Jun
That's helpful. Sometimes I forget banks have to deal with supply/demand too.
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