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A comment on Home Price-to-Income Ratios. Parent comment

Re:Home Price-to-Income Ratios by weaponizedwords on Wednesday January 29, 2020 @06:10PM (#22187044)
interesting, so interest rates go down and prices go up then?
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Re:Home Price-to-Income Ratios by ldayley on Wednesday January 29, 2020 @06:12PM (#22187062)
Lowering interest rates makes borrowing cheaper, and it has the effect of putting more money to work faster. It’s one of the basic tools of economic policymakers.
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Re:Home Price-to-Income Ratios by H8crilA on Wednesday January 29, 2020 @06:27PM (#22187173)
Yes, that's the most basic feature of interest rates/discount rates. In fact it's kind of the definition.
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