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It should come as no surprise that housing is appreciating as rapidly as it is. If someone is going to loan you $500,000 at 3% and that property is going to app
by rednerrus 9y ago
It should come as no surprise that housing is appreciating as rapidly as it is. If someone is going to loan you $500,000 at 3% and that property is going to appreciate at 8% a year, you'd be a fool not to take that deal.
We really need interest rates to get back in line with what it costs to loan people money.