No… it’s because wages haven’t met inflation for over 30 years now. If we jacked up interest rates right now the housing economy would collapse in a decade because no one would sell what they bought and no one would buy.
You know what causes a market collapse? High interest rates on an already low market. What part of that graph suggests inflation from high demand and low supply? They’re already selling homes at half the rate of a decade ago and you think the problem is interest rates? Absolutely fucking retarded.
False, market collapses are great for people with large amounts of capital who sold assets before the collapse and buy heavily because they can sit out the stabilization to sell at a premium.
No… it’s because wages haven’t met inflation for over 30 years now. If we jacked up interest rates right now the housing economy would collapse in a decade because no one would sell what they bought and no one would buy.
You know what reduces inflation? Higher interest rates.
You know what causes a market collapse? High interest rates on an already low market. What part of that graph suggests inflation from high demand and low supply? They’re already selling homes at half the rate of a decade ago and you think the problem is interest rates? Absolutely fucking retarded.
Market collapses are a great thing for people who don't own anything.
False, market collapses are great for people with large amounts of capital who sold assets before the collapse and buy heavily because they can sit out the stabilization to sell at a premium.