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this post was submitted on 05 Dec 2023
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I didn't see this, but I would definitely agree with this. Really simple lever to pull, something that can be offset if need be, and will definitely have the impact we're looking for.
This frees up housing downstream, and the builders make money by building, not by the eventual value of the home.
This ties in with point 1 above and why I think it will cut production. Right now there is essentially 0 risk in serving as capital to build housing, and we should be piling on that to build as much as possible.