Today’s Rate Hikes Threaten to Push Up Tomorrow’s Housing Costs

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Today’s Rate Hikes Threaten to Push Up Tomorrow’s Housing Costs
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As costs and interest rates rise, home builders are cutting back, threatening future housing shortages

Fewer builders are starting new homes amid high prices for materials and loans, threatening housing shortagesNew building permits for private housing in the U.S.

fell more than 20% in April from a year earlier.Central banks in the West are fighting inflation today at the risk of boosting inflation in the future.Continue reading your article with

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