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You don’t need ML algorithms to know that interest rates in the medium term will be rising which puts downward pressure on home prices.
by davewritescode 5y ago
You don’t need ML algorithms to know that interest rates in the medium term will be rising which puts downward pressure on home prices.
- omgwtfbyobbq 5y agoIt can, but it's more downward pressure on higher cost homes (eg coastal metros). Even with higher rates, average home prices can increase like in the 60s through 80s, albeit just to keep up with inflation from higher interest rates. https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/MSPUS https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/FEDFUNDS