4 ms·
> Sitting on a home with 2-3% interest is all well and good, until the value drops and you’re sitting on a much worse asset. What is the mechanism of action th
by icelancer 4y ago
> Sitting on a home with 2-3% interest is all well and good, until the value drops and you’re sitting on a much worse asset.
What is the mechanism of action that causes the value to drop?
- ac29 4y agoHigher interest rates mean lower house values.