One key to why the economy has not crashed out and effected housing

https://markets.businessinsider.com/news/stocks/economy-outlook-us-recession-delayed-corporate-debt-binge-low-rates-2023-7

When rates were low corporations were able to refinance a lot of their liabilities leading to lower interest rate payments for them which has caused them to be able to actually play the Uno reverse card on higher interest rates and increase profits instead of losing profits leading to a lack of loss jobs. This means that the lack of job loss from layoffs have ensured that housing inventory stayed low.

submitted by /u/Koldcutter
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/156jdsp/one_key_to_why_the_economy_has_not_crashed_out/