What is Nostr?
gentoobro /
npub1hap…jkkv
2024-09-17 06:39:37
in reply to nevent1q…kjvm

gentoobro on Nostr: A 3.25% interest rate is what's causing houses to be expensive. Any interest rate ...

A 3.25% interest rate is what's causing houses to be expensive. Any interest rate below around 10% will generate inflation. Fixing the housing market means parking interest rates at 18% for a couple decades until prices are back down to a sane ratio to incomes. Anything else is just choosing the speed at which you race into hyperinflation.
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