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sidewaysrebel14 t1_jaac84y wrote

Reply to comment by billm0066 in US Pending Home Sales Surge 8.1%, Most Since June 2020 — Bloomberg by cbusoh66

This is why fed will have to raise rates higher than people think. Inventory will come from job loses, not mortgage rates. Have to hike til there’s massive layoffs of homeowners in order to provide the necessary correction

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