ilmscore | Prediction Details
"if you are a homeowner and you bought your home for a 2 and a half or a 3% mortgage you don't want to sell because if you sold you got to go and get a seven or seven and a half or 8% mortgage so it's going to cost you a whole lot more so a lot of homeowners are saying you know what I'm just going to sit tight in the home that I have right now and see what happens"
By Minority Mindset | December 29, 2023 | Pending
From video
BREAKING: "Ban Hedge Funds From Owning Homes!" 00:04:15 - 00:04:31
Interpreted Prediction
Homeowners with low mortgage rates are unlikely to sell due to the high cost of obtaining new mortgages, contributing to low inventory.

Prediction Details

Topic
Housing Market Dynamics

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