4 ms·
> homeowners 401k/retirees, yes. Homeowners, no. As long as people can afford their mortgages (i.e. employment stays high) I couldn’t care less.
by hamandcheese 4y ago
> homeowners
401k/retirees, yes. Homeowners, no. As long as people can afford their mortgages (i.e. employment stays high) I couldn’t care less.
- chrisco255 4y agoIf interest rates go high enough to stop inflation, house prices will fall to probably half what they are now. We are already at peak all-time high unaffordability (in terms of income to price ratio) in terms of house prices as a result of this bubble. A lot of people will end up underwater. And maintaining high employment is no guarantee.