Thanks for the interesting article on the atlantic, I had to go through google to read it, the usual sites to unlock it didn't work. There may be trouble ahead:
Almost uniquely in the west, American millenials can enjoy fixed interest rates for multi-decade mortgages, so that may soften the blow for current homeowners.
https://www.statista.com/statistics/591435/house-price-to-in... https://www.nytimes.com/2022/11/04/realestate/housing-market...
Almost uniquely in the west, American millenials can enjoy fixed interest rates for multi-decade mortgages, so that may soften the blow for current homeowners.