3 ms·
One homeowner moving from a house to another similar house has no effect on overall home affordability. So I'm not sure why this is relevant. > Whoever said th
by zeroonetwothree 3y ago
One homeowner moving from a house to another similar house has no effect on overall home affordability. So I'm not sure why this is relevant.
> Whoever said that "inflation is always a monetary phenomenon" was a religious nut, IMHO.
Yes, I'm sure you have many more qualifications than a Nobel Prize winner.
- epistasis 3y agoCurrent homeowners often simply can not move, because the costs of a new mortgage at the same sticker price are too high to afford. This results in an illiquid housing market where people can not move as frequently at they would like.