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Higher For Longer | Robert Kaplan, Former Dallas Fed President & CEO
Forward Guidance
The Fed's Quantitative Easing in March 2020
Mortgage rates have increased dramatically to 6% of fractions 7%. So for first time home buyers, homes are home buying is really not affordable. And so that's why we see rents being hotter than you'd like otherwise. There's an increase to multifamily supply but that's one of the odd things going on in the housing market also.
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