Question? How will interest rates impact be on the housing market?

This chart reveals the impact of interest rates on a buyer’s purchasing power. As buyer purchasing power decreases, what will be the knock-on effects on housing and the wood industry at large?

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I, 26, started the home buying process in the beginning of 2020 and then the funniest thing happened. I would love to own my own house someday, but i am not sure how much bootstrap pulling up i have left.

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