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17 sats \ 1 reply \ @16d86e9daa 28 Aug \ on: Majority of Americans Can No Longer Afford an Average House charts_and_numbers
High interest rates can also be an issue in the housing market. When interest rates rise, borrowing becomes more expensive, which increases monthly mortgage payments. This reduction in purchasing power can further strain affordability for potential buyers.
With interest rates about to be cut down, do you think the housing would become affordable suddenly and dramatically?
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