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The Game Has Changed
The Compound and Friends
Home Sales Picking Back Up
Mortgages are a very good proxy and a nice sort of 101 economic tutorial about how that works. It just froze the market. Because guess what happens? Can't afford to move. And prices are more inelastic than off a, case show or home prices now off a cliff and activity. I could see refi's being slower, but like home sales picking back up. If you didn't do it in the last three years, you're not doing it. So the reFi market might be dead for like years.
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