Re:Can the West’s perplexing employment miracle continue?
by ianai on Monday March 06, 2023 @08:04AM
(#35040479)
Right, the average American lives in a home for something like 7 years and probably decides to move because of things unrelated to interest rates (life events, mood). But the investors are living in the financial world. They’ve not traditionally swamped the SFH market which suggests it’s not a natural choice.
It's harder for both to purchase, but investors are also heavily leveraged and fighting investment alternatives in a higher-rate environment.