ilmscore | Prediction Details
"as soon as interest rates change it changes the affordability of being able to buy a home now in today's economy is a little bit weird because we still have a very severe inventory shortage and people are willing to pay cash for homes so even though interest rates have gone up home prices have stayed high and in some instances even gone higher"
By Minority Mindset | December 14, 2023 | Pending
From video
Why Fake Rich Americans Are Going Bankrupt 00:02:50 - 00:03:07
Interpreted Prediction
The housing market is sensitive to interest rate changes, but currently, inventory shortages and cash buyers are keeping prices high despite rising rates.

Prediction Details

Topic
Housing Market Sensitivity to Interest Rates

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