Nonsense on the Housing Market Makes Page One at WaPo

The Post gives us its latest concern about the housing market, telling us that higher interest rates will cause people to stay in their current homes where they have locked in low mortgage rates for long periods of time.


"The higher rates, soaring home prices and a tight inventory have kept potential buyers on the sidelines, hurting the sales of previously owned homes and undermining the recovery of the housing market, a huge contributor to economic growth."


The problem with this line is tha...

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Published on March 22, 2014 06:02
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