HELLLLLLLOOOOOOO ANYONE HOME ???
TALKING RECENTLY ABOUT LOWER INTEREST RATES AND HOUSING AFFORDABILITY…
TELL ME, WHO EXACTLY HAS BEEN STUDYING FINANCIALS & ECONOMICS THEIR WHOLE LIVES ???
NOT ME….
THEREFORE, WHY ARE WE STILL ON THIS SUBJECT ???
THE WHOLE POINT TO HIGHER INTEREST RATES, IF I’M NOT MISTAKEN IS TO PUT THE BRAKES ON INFLATION… EVERYTHING INFLATION…. NOT JUST HOUSING AFFORDABILITY… RIGHT
REGARDLESS OF INTEREST RATES, YOU WILL ALWAYS HAVE IDIOTS BUYING REAL ESTATE AT WHATEVER PRICES AND INTEREST RATES…. WITH THE EXCEPTION OF THE SO CALLED AND AT RISK OF DISAPPEARING COMPLETELY…. “MIDDLE AND LOWER INCOME CLASSES”
SO YOU WILL EXCUSE ME IF I DOUBT AT THIS POINT IF INTEREST RATES WILL STOP/HALT/HINDER REAL ESTATE TRANSACTIONS….
CERTAINLY WHAT HIGH RATES WILL DO IS GIVE PAUSE TO THE GREEDY MORONS WHO THOUGHT THEY COULD BUY THEIR WAYS INTO FISCAL PARADISE BY BUYING & BUYING TILL KINGDOM COME…
THE ANSWER LIES IN BUILDING LOTS & LOTS MORE… WITH AS LITTLE INTERFERENCE AND AS MUCH HELP FROM ALL LEVELS OF GOVERNMENTS TO KICKSTART A MORE THAN ESSENTIAL CATEGORY OF THE ECONOMY…
OTHERWISE… NO ONE WILL FIND PEACE AND YOU ARE HEADED INTO UNDISCOVERED COUNTRY ONCE PEOPLE ARE TOTALLY PISSED OFF…
NO PLACE TO LIVE AND CALL HOME WILL NO LONGER FLY !!!
BTW – YOU’LL HAVE TO EXCUSE THE BREVITY OF THIS POST AS I AM UNABLE TO READ THE REST OF THIS ARTICLE
BUT THE FACT REMAINS THAT NO MATTER WHAT INTEREST RATES ARE, A 1 MILLION DOLLAR HOUSE AND IF LUCKY A 50K or even 100K salary NO LONGER makes the cut anymore…
NOW PRAY TELL…
DOES A STRESS TEST CHANGE ANYTHING ???
WILL LOWER RATES MAKE A MILLION DOLLAR HOME AFFORDABLE ???
WHAT HAPPENS WHEN YOU LOWER RATES ??? ANSWER AS USUAL – GREED TAKES OVER – 2 MILLION DOLLAR HOUSES…
DIFFERENCE IS THE TIME PERIOD… INSTEAD OF A SLOW SOMEWHAT STEADY INCREASE IN PRICES…. SPIKES IN SHORT PERIODS OF TIME BECOME PERMANENT… EVERYONE HAS GOTTEN USE TO THE DIRTY FOSSIL FUEL BUSINESS OF HIGHWAY ROBBERY AT THE GAS PUMPS
SO WITHOUT FURTHER ADO…. DON’T BE SURPRISED BY DESPERATION AND CRIME UPTICKS….
YOU’LL ONLY HAVE TO POINT THE FINGER AT THE MIRROR TO FIND BLAME
Live~NRGY 
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