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While I agree, wouldn’t a recession caused by rising interest rates keep housing unaffordable for these same buyers? Since getting a loan would then be more exp
by notathrowaway27 7y ago
While I agree, wouldn’t a recession caused by rising interest rates keep housing unaffordable for these same buyers? Since getting a loan would then be more expensive.
- pmart123 7y agoHousing prices would likely fall in that scenario. In the early eighties, homes values were cheap, but mortgage rates were expensive.