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by daed
2225 days ago
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Theoretically, since "housing" is part of CPI prices could fall. But, real estate is difficult to predict: - low interest rates boost home prices, as lower monthly payments increase "how much" house a buyer can afford - as the post states, the Fed's actions are increasing income inequality. If rich people are getting richer, and they don't want to put their money in treasuries because the yield is zero, that money has to go somewhere. So stocks, bonds, real estate. So that may increase demand for real estate among the wealthy. But, nobody knows. |
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