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by beerandt
1876 days ago
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Well- aside from the issue that is renters being evicted and lenders foreclosing... The positive side is it will add inventory to a tight real estate market that desperately needs it. Which should result in somewhat of self-correction in prices on its own, making for an overall more affordable (appropriately/properly) priced market. It'll be interesting to see how much the moratorium gets credit for the current housing market inventory shortage (and the likely extant and/or imminent resultant bubble). Certainly it's prevented an onslaught of covid caused evictions, but I'm curious to see how much it decreased overall pressure on a typical/generic seller's decision to sell. |
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