How “Switching Costs” Hold the Housing Market in Limbo

The housing market has seen unprecedented home price growth in the 2020s. Already, we’ve almost beat the past three decades, and we aren’t even halfway through our own. And now, with home price growth slowing, many people wonder how we’re still in a position of high housing costs and low inventory. The answer is simple: [...]read moreHow “Switching Costs” Hold the Housing Market in Limbo