Why Soaring Mortgage Rates Might Not Cool the Housing Market

Axios, March 17, 2022–Neil Irwin
It may take more than somewhat-higher mortgage rates to cool the blistering hot housing market because wages are rising rapidly, offsetting some of the higher borrowing costs.
https://www.axios.com/mortgage-rates-soar-housing-c7032d5f-5a94-4992-b334-7762199e01cd.html