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Then you better buy a home sooner. Because as soon as there is a financial crash, central banks are going to flood the economy with new money to prop up stocks/
by RestlessMind 6y ago
Then you better buy a home sooner. Because as soon as there is a financial crash, central banks are going to flood the economy with new money to prop up stocks/bonds/homes prices. The template was originally tried after 2008 crash (ZIRP, multiple QEs etc) all over the world and is put to test again during the COVID shutdowns. Since the sky didn't fall the first time and not falling the second time, that is going to be a go-to tool for policymakers.
- staplers 6y agoSo you believe that hyperinflation is coming?
- nine_k 6y agoYou mean, current real estate prices in places like SV is not a hyperinflation yet?
- RestlessMind 6y agoIn things which are supply constrained? Yes. Think bay area houses or gold or bitcoin. In things where supply is near-infinite? No. Think digital entertainment, cheap calories or cheap clothes.