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I think this is completely irrelevant given the much more pertinent example given: > Or, to give an example from the article — houses that are eligible for gov
by AlexandrB 4y ago
I think this is completely irrelevant given the much more pertinent example given:
> Or, to give an example from the article — houses that are eligible for government guarantees (those below $750K-$1M) have appreciated similar amounts in the past decade to those that's aren't eligible.
- Nacraile 4y agoI don't think you can reasonably claim that the market for houses above 750K-1M is independent of the market for houses below.....
- deleted 4y ago[deleted]
- AlexandrB 4y agoMaybe, but what's the mechanism for government guarantees below a certain range increasing demand above that range? Someone who can only qualify for a mortgage because it's guaranteed by the government isn't going to be able to make the jump into a non-guaranteed mortgage easily.