Okay folks do you know the difference between correlation and causation? I can’t imagine that mortgage rates are the primary driver of housing costs. It seems like a lack of supply, the growth of private equity in the housing market, and the mismatch of utilization where empty nesters are staying in their houses for longer than they need.
Okay folks do you know the difference between correlation and causation? I can’t imagine that mortgage rates are the primary driver of housing costs. It seems like a lack of supply, the growth of private equity in the housing market, and the mismatch of utilization where empty nesters are staying in their houses for longer than they need.