Build More Low-to-Middle Income Housing
The U.S. mortgage rates climbed for five consecutive weeks and are now in the process of declining from 6.73% to 6.60% from a high of 7.08% in November 2022. As of today, the unemployment rate hovers at 3.6% and the producer price index (inflation) is at +4.6% since February 2022.
Perhaps scaled out on a statistical level, this would alleviate the current and projected global current housing crises in the next 20-40 years?
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