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The price of assets is directly related to interest rates. This relationship is obvious if you think about it. People borrow money cheaply, the more money tha
by B4CKlash 7y ago
The price of assets is directly related to interest rates. This relationship is obvious if you think about it. People borrow money cheaply, the more money that's available, the more money people have to bid up prices of assets. The way interest rates are (including negative interest rates across the globe) I doubt there will be a curb anytime in the future. The biggest unknown IMO is related to the status quo. Perhaps people will value freedom more than security and therefore won't chase those housing values.
- npo9 7y ago> Perhaps people will value freedom more than security and therefore won't chase those housing values. I value property rights, so I own property. Freedom and security don’t really factor into it.