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by keeganjw
924 days ago
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The US has not built enough homes to meet demand for over 30 years which is by far the biggest factor in high housing prices. Zillow is not causing people to move more, the number of Americans moving each year is reaching record lows. High housing prices mixed with high interest rates is causing people to stay put because the cost of buying another home is much more costly. You have to go from your old low-interest mortgage to a high-interest one and high housing prices means realtor fees are also sky-high. |
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