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Tough Times Ahead for Housing (WSJ Repost)

Article points to rising mortgage interest rates, shortage of construction labor, and increased cost of materials like concrete and labor, raising builder costs for new home starts. But perhaps the resale home market will benefit from the lower supply of new homes being built? And local markets affected by hurricane damage like in North Carolina will likely require extension rebuilding of homes and temporary housing for those displaced from their homes. What do you think?

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