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So your contention is that ZIRP had zero impact on the run up in prices over the last few years?
by patrick451 3y ago
So your contention is that ZIRP had zero impact on the run up in prices over the last few years?
- UncleEntity 3y agoNot at all, the Fed's meddling could easily be blamed for that too.
- mitthrowaway2 3y agoIt stands to reason, then, that a low interest rate now would potentially drive an even bigger bubble in the future. A high interest rate now might not solve housing affordability today, but it could perhaps stabilize things farther down the road.