
Logan Mohtashami on why the Fed is using housing as a sacrificial lamb
HousingWire Daily
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The Federal Reserve Needs Higher Rates to Cool Down Housing
Existing home sales are trending back to where they were in 2014 when sales were down. Logan: The dynamics, we got caught in a very bad place. We didn't have enough product for the enough people. And then we forced people to bid against each other. So it depends on the egotistical, self-centered person now.
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