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Home prices have an inverse relationship with interest rates. Housing cost as a percent of income has been relatively stable in the U.S. lower interest rates me
by phkahler 3y ago
Home prices have an inverse relationship with interest rates. Housing cost as a percent of income has been relatively stable in the U.S. lower interest rates mean you can borrow more for a given monthly payment. Interest rates had a 35+ year slide from 1980 to 2005. It's been really weird since then.