22 Home sellers outnumber buyers by largest gap in US history while pending home sales are also at a record low, yet it’s still totally not a bubble… (twitter.com) posted 112 days ago by Ahaus667 112 days ago by Ahaus667 +22 / -0 44 comments share 44 comments share save hide report block hide replies
The problem are the low interest rates. We need to raise interest rates to lower asset prices. Not just homes but all asset prices need to come down dramatically. Interest rates should be at 15%.
I thin k 15% is too low. The 4 trillion that Biden pumped into the economy needs to come back out, and high interest rates is the only way to do that.
You're probably right but 15% would be a good start.