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Condos are miniature money machines in a low-interest-rate environment. There always will be a high demand for money machines. When/if we cross over to a secu
by drtillberg 7y ago
Condos are miniature money machines in a low-interest-rate environment. There always will be a high demand for money machines.
When/if we cross over to a secular bear market for credit in which interest rates broadly increase reliably for a number of years, the problems with affordability largly will subside. Until then....