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Yep. Interest rates don't mean jack if there's a bottomless market of buyers who will not use debt and just want to put capital somewhere, anywhere, that will a
by gfodor 5y ago
Yep. Interest rates don't mean jack if there's a bottomless market of buyers who will not use debt and just want to put capital somewhere, anywhere, that will appreciate in a highly inflationary environment. It will be tragic that average people won't be buying homes, but the notion that consumer home purchases have the power to move market prices much seems like a weaker and weaker assumption.