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re: Baffled as to how single people afford houses currently
Posted on 10/12/23 at 10:28 am to Broke
Posted on 10/12/23 at 10:28 am to Broke
quote:
The ONLY time you raise rates is to slow down a HOT and quickly growing economy.
Seems like we've had multiple opportunies to raise them post-2008 housing crash and nobody did it then, either.
So - who dropped the ball, perfesser?
1
Posted on 10/13/23 at 4:31 pm to Sheep
quote:
Seems like we've had multiple opportunies to raise them post-2008 housing crash and nobody did it then, either.
So - who dropped the ball, perfesser?
I personally would have raised them a little. But I saw no economy that was superheated enough to raise them at a rate that they are being raised right now. Right now raising them is just fricking stupid. And it's clearly not working. Anyone with a car or a stomach can tell you it's not working.
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