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Builders need to move inventory to finance further construction. It is just a business decision for them so they adjust first. Existing homeowners are emotionally attached and are more reluctant to lower prices to sell.
Show PostIs there a breakdown of reasons? Disability, no jobs available, etc? 😭😭😭
Show PostI mean. All of America's debt comes from decreasing revenue (tax cuts for the wealthy and corporations) while spending like crazy. It's supply side economics. That and all the nonstop war.
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