Low interest rates equals rise in house values, equals higher margins between a home and cost of building, equals more building, equals run on building supplies. It happened in 2006-2008 before the crash. Then you get the crash and experience Mises's revenge.
Low interest rates equals rise in house values, equals higher margins between a home and cost of building, equals more building, equals run on building supplies. It happened in 2006-2008 before the crash. Then you get the crash and experience Mises's revenge.
Low interest rates don't mean squat when anything over 400k is considered a 'Jumbo' loan forcing people to take multiple small loans that end up costing more because the second rate is double the first 'Low' rate..
Low interest rates don't mean squat when anything over 400k is considered a 'Jumbo' loan forcing people to take multiple small loans that end up costing more because the second rate is double the first 'Low' rate..
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