6/10/2023 03:14:08 am
In the case of housing, the situation is a bit different. The Federal Reserve has been raising interest rates in an effort to cool the housing market, which has been growing too hot. This has led to higher mortgage rates, which has made it more expensive for people to buy homes. As a result, demand for homes has started to decline, which has led to lower prices.
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6/10/2023 03:14:38 am
In the case of cars, for example, the supply chain disruptions that have been caused by the COVID-19 pandemic have made it difficult for automakers to produce enough cars to meet demand. This has led to higher prices, even though interest rates have been rising.
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