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>> Releasing them will create a privatized monopoly and further inflate housing prices. Low rates do not lower home prices-- they just let people borrow more a
by TuringNYC 1y ago
>> Releasing them will create a privatized monopoly and further inflate housing prices.
Low rates do not lower home prices-- they just let people borrow more and inflate home prices. One possibility is that artificially low rates rise to market rates...and home prices fall commensurately, or rise less to accomodate.