[sokoloff]

With interest rates consistently over 7% and sometimes over 16%, a simple price chart doesn’t tell the full affordability story.

When rates fall under 4%, house prices will naturally be higher in desirable areas because a lot of buyers are buying on monthly payment, not headline purchase price. Cheaper mortgages make for more expensive houses.

[light_hue_1]

You said that the size of the population determines housing cost.

Now, when I showed you this is totally wrong, beyond any doubt, you changed the story. Now it's the interest rates that determine housing cost.

This is like trying to have a discussion with an antivaxer. No matter what they say, you prove them wrong, and then they change their story, pretending like the nonsense they said before never existed.

Look up a chart of mortgage rates. You're still wrong. Bye!