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Not surprising with rates hiked to 5% in just a couple of years. Apparently we don't have rate control.
by hnthrowaway0328 2y ago
Not surprising with rates hiked to 5% in just a couple of years. Apparently we don't have rate control.
- bluGill 2y agoI'd say not surprising when rates were down to 2-3% for years. I haven't seen anyone make a rigorous argument as to what rates should be, but it is clear that when they get too low - as they did - you cause inflation and that has been happening. (note that inflation is never even across the economy - this time it housing early)