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The effect may pause when interest rates change, but it's unlikely to reverse significantly. People who have homes now aren't going to want to sell for less tha
by Uvix 1y ago
The effect may pause when interest rates change, but it's unlikely to reverse significantly. People who have homes now aren't going to want to sell for less than they paid for them, so there's a lot of inertia against prices going down.
- schmidtleonard 1y agoThe home ownership rate in the USA is 65%. If house prices start going down, money will be printed until they start going back up.