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Or more likely, rates eventually find their way back down and home prices sky rocket with all the freshly available buying power creating endless bidding wars.
by missedthecue 3y ago
Or more likely, rates eventually find their way back down and home prices sky rocket with all the freshly available buying power creating endless bidding wars.
- zeusk 3y agoYeah, because fed is stupid about inflation. That'll just mean higher rates for longer.
- username332211 3y agoI mean, isn't it? Try as I might, I've yet to find any explanation about what theory of money they operate on. I've began to suspect the issue isn't a poor ability to research on my part.
- thinkerswell 3y agoThe US is in for hyperinflation then
- jrs235 3y agoFannie Mae and Freddie Mac restrict the maximum amount of the conforming loans which could help limit prices going to the moon. However, popular pressure will be applied for them to increase the limits (or "they're hurting 'poor' people who don't own a home".