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Housing demand is supported by investors who probably never pay interest on the homes they buy, so I doubt you will see much decrease. I don't think you can rea
by vsareto 4y ago
Housing demand is supported by investors who probably never pay interest on the homes they buy, so I doubt you will see much decrease. I don't think you can really control home prices with interest rates any more.
- dougmwne 4y agoIt seems there are still lots of mortgages issued in the US. Prices are set at the margin, so small decreases in demand can have a big impact on price. Looking at the data, I don’t see evidence that no one loans money to buy houses anymore. https://www.statista.com/statistics/205937/us-mortgage-originations-since-1990/ https://www.statista.com/statistics/205937/us-mortgage-origi...