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Re: DaJester post# 788296

Tuesday, 03/12/2024 9:57:28 AM

Tuesday, March 12, 2024 9:57:28 AM

Post# of 793164
The fact that it is so difficult to buy a house right now is mainly due to the shortage of supply. There is a shortage of 7.2 million* homes. If mortgage rates fall (e.g. due to FnF release and monetization), this will not change the shortage of supply. On the contrary, more cheap money would chase the tight supply and houses would become even more expensive.

* https://www.newsweek.com/us-housing-shortage-millions-single-family-homes-missing-construction-gap-population-growth-1874020