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"The Weirdest Housing Market in Recent History"
Plain English with Derek Thompson
Affordability through Stability and Income Growth
Affordability in the real estate market can be achieved not only through price corrections but also with stability in prices over time and growth in incomes. By keeping rents flat and increasing incomes, or keeping home prices stable while mortgage rates remain high, inventory can increase, leading to a more affordable market without a crash but rather through moderation and eventual affordability shifts.
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