Whitney Tilson: “Mortgage rates are 7% or something.”

“When that extended to four years, it's now four years when you double the amount of time. And interest rates have gone from very low to, you know, more historical levels. You know, Mortgage rates are 7% or something. So when you have that much higher carrying costs and you've. We as a city have doubled the amount of time it takes to get something done. That's crushing right there.” (43:25–43:28)

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