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The Fed’s rate cuts could have unintended consequences for the housing market

September 18, 2024
bird's eye view photography of houses

Over the past couple of years, the US economy has wrung out inflation like dirty mop water from just about every sector — except for the housing market, which remains paralyzed by high prices and chronically low supply. But the action that could help solve America’s home affordability crisis could potentially make it worse. To understand why, let’s take a look at how we got here.

 

 

Article Source: CNN

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