Shoulda gone up

Mortgage rates dropped, but housing sales didn't go up. In the algebra of builders to buyers, an axis of symmetry has changed, rate are not dominant right now.

This is a condition of known unknown unknowns, we know we have unknowns, but do not know what they might be. Possible the cap on deductions.

The peak mortgage rate caused  sudden drop. That was when the ten year had peaked, scared crap out of Swampers. Boomers be stuck in Cartel California as they can't sell their house at a retirement price. Cap on deductions is part of equation here and Gavin having harder and harder time squeezing boomer for tax.

But, I see no sudden stop, just very lifeless local governments paying off public sector for ten years. Along with creeping cartel power.