High mortgage rates, lack of supply, and wealthy investors put home hunters in a bind

by CHRISTOPHER WHITE | The National Desk

Wed, March 30th 2022, 9:57 PM UTC

Condominium units are offered for sale in the Dorchester neighborhood, Wednesday, Aug. 18, 2021, in Boston.{ } (AP Photo/Charles Krupa)

FILE- Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing, on March 3, 2022 on Capitol Hill in Washington.{ } (Tom Williams/Pool Photo via AP)

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Condominium units are offered for sale in the Dorchester neighborhood, Wednesday, Aug. 18, 2021, in Boston. (AP Photo/Charles Krupa)

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