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Everything is Up This Year (EP.319)

Animal Spirits Podcast

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The Good News for First-Time Homebuyers

Nearly 1 million new apartment units and all-time high are under construction around the country. I think this eventually will be good for first-time homebuyers. But if we're building more apartments and rents are coming down, that has to lead to lower demand in the housing market. Is that fair or not? That makes sense.

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