Simply Unaffordable? US Homebuilder Confidence Tumbles Near 13-Year-Lows Due To Post-Covid Home Price Gains (And Higher Mortgage Rates)

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Thanks a lot Fed! Home prices rose dramatically after Covid as The Fed printed billions of dollar of currency (M2). Making housing unaffordable for much of America.

As a result of higher mortgage rates and higher home prices, homebuilder confidence is at a 13 year low (back to 2012).

Housing is simply unaffordable thanks to bad housing policies and The Fed.

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Published by confoundedinterest17

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