The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

    • NatakuNox@lemmy.world
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      1 year ago

      The alternative is government building single family homes using eminent domain. I’m not saying zoning isn’t a issue but places have tried removing them and developers have zero incentive to build affordable housing.