1. Interest rate rise
2. Less qualifier == Less buyer
3. More inventory
4. More supply == less demand
5. More houses to pick == lower price
6. Less pricy == even less urge to buy
(Why buy when you know it will be lower tomorrow?)
7. An equilibrium between “buy vs rent” will be reach at some point
8. bottom will be reached years from now…
The question is: What is the right thing to own during this time?
