4 ms·
It doesn’t work that way. Rising rates clear out the shitty companies with too much debt, but the people with cash sweep in and buy it out. Increasing rates wi
by Spooky23 3y ago
It doesn’t work that way. Rising rates clear out the shitty companies with too much debt, but the people with cash sweep in and buy it out.
Increasing rates will raise rents in the professional demographic cohorts of folks who buy houses.
- gustavus 3y ago> Increasing rates will raise rents in the professional demographic cohorts of folks who buy houses. Well with the way houses have inflated in my neck of the woods very few people even financially savvy DINKs are going to have trouble buying homes in cash.