3 ms·
Color me unimpressed with the arguments laid down here. It boils down to low rates and looking at the recent past when rates were low. And let’s point out rates
by ianai 5y ago
Color me unimpressed with the arguments laid down here. It boils down to low rates and looking at the recent past when rates were low. And let’s point out rates have been 0-.25% for a long time now.
Want to convince me? Pull in a Case-Schiller index comparison and some more technical, market level characteristic analysis.
What would be interesting is figuring out price/interest rate sensitivities for buyers of homes in this market. Does investment leave the market if rates make other asset classes more viable? Probably. At what point?
Edit-or tell me that the Fed can’t possibly raises rates for $goodReasons.