2 ms·
> by supply and demand. The relevant unit of supply/demand here is mortgages, which are indeed controlled by government policies.
by yobbo 5y ago
> by supply and demand.
The relevant unit of supply/demand here is mortgages, which are indeed controlled by government policies.
- noduerme 5y agoInterest rates act as an incentive or disincentive, but ultimately a government can't forever lend infinite credit to a population that doesn't pay its debts. America has certainly tried to extend her credit infinitely, and our parents and their parents got the best of that, but ultimately our credit as a country is tapering off. Are you suggesting credit should be loosened again so you don't need 20% down to buy a property?
- beebmam 5y agoCitations needed for basically every sentence in this comment please