The new law does not undercut central government control of industries considered crucial to national interests, including electronics, telecommunications, postal services, airlines and railways. Moreover, local governments will maintain their traditional grip on public services such as medicine, education, publications and tourism.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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