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Dec 26 11:22 am
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All Comments by John Lounsbury »The Housing Market Will Improve with Lower Prices, not Lower Interest Rates [View article]
Scott - - -
I have read both of your articles, and was not excited about the first one. This one is much better and adds to my insight into the housing market outlook. I particularly like the graph comparing price and inventory. In my opinion, an impaired demand facing an inventory overhang is the real problem for the next several years in residential housing. Interest rates are secondary.