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The weird thing is that residential prices have gone way up, even in cities. It’s been a great year for the value of Seattle homes (https://www.seattlepi.com/re
by spenczar5 5y ago
The weird thing is that residential prices have gone way up, even in cities. It’s been a great year for the value of Seattle homes (https://www.seattlepi.com/realestate/article/seattle-2021-housing-market-projection-15825083.php https://www.seattlepi.com/realestate/article/seattle-2021-ho...).
So I don’t think this has to do with executives protecting home values. It might be about the business protecting the value of office buildings, though - if they own them, and don’t rent, anyway.
- eunos 5y agoIsn't that caused by 0 interest rate mostly?
- Mikeb85 5y ago0 interest rate as well as all the stimulus money flowing through the economy. People are looking for places to put their money to not lose out to inflation and most investments reached all time highs already. So investors are looking for pretty much anything to buy - look at crypto (even shitcoins gained tons of value), real estate around the world, etc... in addition to equity markets.