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I guess we can expect the Fed to raise rates even higher in a few weeks now? This'll really be interesting for the ramifications on the PE/VC community given ho
by atlasunshrugged 4y ago
I guess we can expect the Fed to raise rates even higher in a few weeks now? This'll really be interesting for the ramifications on the PE/VC community given how they live off of low interest rates but of course, I worry more for everyday consumers who get hurt by this. But how this affects homebuilding will also be interesting, I know anecdotally from friends who have been searching for houses for a while that now people are actually listening to offers and things are even getting knocked down in price but I hope that homebuilders still go out and build new houses even if the market slows a bit.
- blantonl 4y ago75bps increase went from ~30% probably to ~80% based on the moves in the bond market based on these number. So, probably so.
- lowercased 4y agoA builder near us has had a deal fall through 2x in the past 3 months, and each time, they relist the house with an extra $100k tacked on. crazy times.