4 ms·

I really wonder how the Bay Area housing market is going to fare when borrowing money becomes a lot more expensive than it is now. Right now the low interest ra

I really wonder how the Bay Area housing market is going to fare when borrowing money becomes a lot more expensive than it is now. Right now the low interest rates are baked into the prices — Piled onto the lowered deductions in the new tax bill, and something's gotta give.

georgeecollins 9y ago
Do you really wonder? When interest rates go up, property that is mortgaged tends to go down in price.