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Rate is only relevant in relation to price... real home prices are much higher today than they were the in the 80s. Would you buy a $100 home on a 1000% rate?
by adam_arthur 3y ago
Rate is only relevant in relation to price... real home prices are much higher today than they were the in the 80s.
Would you buy a $100 home on a 1000% rate? Yes, most people would. Would you buy a $100,000,000 2000sqft home on a 0% rate? No, most people wouldn't