6 doesn’t sound like a lot. But an additional 6 percent demand for houses drives up costs more than 6%. 6% is a lot. Adding 5% more cars to a city can make traffic 25% worse. Same situation. 6% can take a buyer’s market and
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Since Trump eliminated FHA-loan eligibility to anyone who isn’t a lawful, permanent resident in March of 2025, FHA-loans have plummeted to record lows. The US government was pricing Americans out of the house buying market.
