Abundant jobs have cushioned the blow of higher interest rates, raising the chance for a soft landing.
Baby boomers with tons of equity can trade their big home for a smaller one and profit from the extra cash.
Tenants blinking in the face of higher rents might be the first step toward cooling off the economy.
While a soft landing is still possible for housing and labor, it's going to get ugly for city business districts.
Friday's strong jobs report gives the Fed more of a cushion to slow things down without the economy falling apart.
With the labor market still delivering raises to workers, people will be able to better handle higher mortgage rates.
It might be a sign there will be no broader economic slowdown, but it might also signal faster inflation ahead.
This cooling in the market now will probably make things worse in the future.
If manufacturing and construction stay strong, higher prices will continue for most basic goods.
So far, the labor market is lining up with the Fed's goal for a soft landing.
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