ilmscore | Prediction Details
"we're also seeing what's described as a lock-in effect where homeowners refuse to move because otherwise they'd be giving up a historically low interest rate"
By Graham Stephan | May 13, 2022 | Pending
From video
The Market Is About To Drop - Again 00:08:32 - 00:08:38
Interpreted Prediction
A 'lock-in effect' is occurring in the housing market, where homeowners are hesitant to move to avoid losing historically low interest rates.

Prediction Details

Topic
Housing Market Lock-in Effect

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