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re: Can someone explain why raising interest rates in recession helps?
Posted on 9/26/22 at 12:37 pm to ChunkyLover54
Posted on 9/26/22 at 12:37 pm to ChunkyLover54
Homes are overvalued because there was alot of demand with ultra-low interest rates. They're trying to weed out the borderline buyers to lower demand and allow prices to stabilize. That's the basic theory to my knowledge anyway.
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