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> This will lead to a housing market that will grind to a halt and expect that whole sector will hemorrhage jobs Yea and outside of just absolutely ultraviolet
by ericmay 4y ago
> This will lead to a housing market that will grind to a halt and expect that whole sector will hemorrhage jobs
Yea and outside of just absolutely ultraviolet kind of hot markets this will mitigate downward pressure on prices now and in the future because home builders (though that's another problem) won't be building homes. Coupled with people who have locked in interest rates, the market seems to me to be poised to grind to a halt and prices to remain quite high.