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Increasing mortgage rates is a poor mechanism for countering inflation. It only directly impacts a minority of the economy and private companies (banks) earn th
by michaelje 3y ago
Increasing mortgage rates is a poor mechanism for countering inflation. It only directly impacts a minority of the economy and private companies (banks) earn the profit.
- Server6 3y agoUnfortunately the other available lever is congressional action in the form of tax increases and wildly increased public housing funding. Both of which are never going to happen.