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Will Housing Ever Become Affordable Again? The American real estate market has experienced significant challenges in recent years, including high inflation levels, rising interest rates, and supply chain disruptions. These factors have contributed to a tumultuous housing market. However, economists are cautiously optimistic that 2023 could mark a turning point, with the housing market gradually reverting to pre-pandemic trends. In this article, we will explore the predictions and research from various sources to understand the factors influencing housing affordability and whether there is hope for a more affordable future. The Impact of Interest Rates and Mortgage Rates One of the...

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