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Public Info posted an update 3 years, 1 month ago
From @CNBC.
Per yesterday’s tweet, the problem for housing affordability is that the drop in demand is being accompanied by a drop in supply. As such, home prices are remaining high, compounding the impact of 7% mortgage rates and subduing secondary transactions.#economy… https://t.co/MM4h02lCXe pic.twitter.com/r03uG0AB3K— Mohamed A. El-Erian (@elerianm) September 6, 2023
