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> More expensive lending would mean lower housing prices. That benefits people who can pay in cash. Otherwise, the difference in price goes to the bank as int
by ori_b 10y ago
> More expensive lending would mean lower housing prices.
That benefits people who can pay in cash. Otherwise, the difference in price goes to the bank as interest.
- MR4D 10y agoMight also want to note that it negatively affects borrows. Especially those who are underwater on their home loan.