Home Sales: "High" Interest Rates Are Not the Problem. High Prices Are.
There is a simple way for housing markets to adjust to the new realities of higher interest rates. Prices need to come down. That's how markets are supposed to work.
Original article: https://mises.org/mises-wire/home-sales-high-interest-rates-are-not-problem-high-prices-are
The skinny
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