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Felix Learns What A Condo Is

Slate Money

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Is the Fed Raising Mortgage Rates to Slow Down the Economy?

New York City rents for the first time did not set a new high in history. The Fed is raising rates to slow down the economy, the baseball bat. All that's done is pushed potential buyers into the rental market which is already tight. In New York City, two out of every three households are renters.

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