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This could be a leading indicator for a slow down in real estate.
by user3939382 3y ago
This could be a leading indicator for a slow down in real estate.
- ZoomerCretin 3y agoAmazing how counterproductive this is, and how the Federal Reserve refuses to see this. High prices are their own cure. Given high demand and high margins, people will increase production to meet demand. And yet this is not going to happen because interest rate hikes have doubled the price of new construction. High interest rates may lower or slow real estate appreciation in the short term, but they also increase it in the long term by killing production increases.