4 ms·
Interest rates tripled in the past few years, and home prices continued their upward march throughout most of the U.S. Do you mean something else by "cheap cred
by the_gastropod 2y ago
Interest rates tripled in the past few years, and home prices continued their upward march throughout most of the U.S. Do you mean something else by "cheap credit"?
- sroussey 2y agoTripled from a hundred year low. Kinda normal to mildly low still. Prices are up since people did 30yr mortgages at obscenely low rates, and don’t sell/move in order to keep them. That group will eventually rotate out. Ironically, somewhat lower rates will cause a housing price decline.