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Modestly high interest rates are the only way to break the growth of income inequality fueled by low interest rates. There are other factors boosting real esta
by listenallyall 4y ago
Modestly high interest rates are the only way to break the growth of income inequality fueled by low interest rates.
There are other factors boosting real estate prices -- more people desiring to live alone, ease of renting an unused property via Airbnb, people living longer, massive wealth generation via stock markets -- but a low-rate environment offers existing wealth much more leverage to grow.