Did we really think we’d be staying in a zero rate environment forever?
If home building stocks need historic low interest rates to maintain, it is an unsustainable business model. People built and purchased existing houses with interest rates 3-4x as high in the past. These ARE extremely low rates.
Such a strong economy! So strong, that even 5% mortgage rates are shocking the hell out of the housing market. So strong!
Adjust that chart above vs sales, complete different story line
It’s not the Feds Job to worry stocks
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