Hacker News new | ask | show | jobs
by TaurenHunter 439 days ago
If it dips too much that means interest rates will go lower, which will fuel another round of inflating real estate.
1 comments

Wouldn’t housing prices decrease be a major downward pressure on inflation?
1/3 of the CPI is calculated using the rent variation smoothed in the last 6 months - which is not too elastic due to lease agreements. So it wouldn't be a major downward pressure.