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Higher interest rates will discourage the investor class from snatching up homes they don't intend to live in though. Not all of them of course, but the demand
by connicpu 4y ago
Higher interest rates will discourage the investor class from snatching up homes they don't intend to live in though. Not all of them of course, but the demand for living in homes is far less elastic than that of those using them to make money
- sokoloff 4y agoAgreed; that's got about epsilon-squared to do with achieving the 20% down payment threshold, though.