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>> Ironically, "building more housing" still solves this problem. Raising interest rates may help too. How many of those purchases are financed? I'm guessing a
by phkahler 2y ago
>> Ironically, "building more housing" still solves this problem.
Raising interest rates may help too. How many of those purchases are financed? I'm guessing a lot. The commercial side got screwed when they needed to refinance underperforming properties at higher interest rates.
- loeg 2y agoBuilders rely heavily on financing, so high interest rates hurts the supply side too.