Newsflash: Real estate liquidity

Greetings! I was curious to see what ya’ll thought about the impending interest rate hikes on loans and credit and it’s potential to effect liquidity in the housing market. Presumably there should be an inverse correlation between spending and interest rates. Is there any correlation or will people continue to borrow & spend money even as money becomes more expensive to borrow?I’m asking specifically about the NYC / NJ metropolitan area.



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