Wednesday, January 4, 2017

Don’t worry about rising home prices and rising rates

Dodd-Frank should prevent house prices from rising so high that only fools and millionaires can afford them.

When house prices rise rapidly and mortgage rates go up, the cost of ownership rises even more rapidly, and realtors stoke fears with “buy now or be priced out forever.” Under these cir...

Don’t worry about rising home prices and rising rates

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