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An alternative explanation is that recent interest rate increases are at least partially responsible for the decline in condo construction. Comparing Colorado
by skybrian 3y ago
An alternative explanation is that recent interest rate increases are at least partially responsible for the decline in condo construction.
Comparing Colorado to other states might shed some light on this?
- dan-robertson 3y agoLook at figure 8. They don’t have 2023 data but seem to think it started before the recent rate increases. I don’t really see their claimed 2017 change on the graph.