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Before 2008, there was a bust in 1980. Most attribute that to rising interest rates at the time. Given that the prime rate now is just 40% of what it was in 19
by AlchemistCamp 2y ago
Before 2008, there was a bust in 1980.
Most attribute that to rising interest rates at the time. Given that the prime rate now is just 40% of what it was in 1980, it's not like interest rates can't rise enough to impact the housing market at some point in the future.