Re:Ask HN: How to prosper under negative interest rates?
by amiga_500 on Tuesday March 31, 2020 @03:05PM
(#22741205)
And how do you bid in a market where every house has >1 bidder and banks are lending waaayy more than is responsible?
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Re:Ask HN: How to prosper under negative interest rates?
by voisin on Tuesday March 31, 2020 @11:19PM
(#22745303)
This! The housing market seems to have punished anyone with a conservative financial mindset.
Re:Ask HN: How to prosper under negative interest rates?
by amiga_500 on Tuesday March 31, 2020 @11:53PM
(#22745476)
It forces you to fight with the least conservative, and the banks pour on more and more credit to appropriate ever greater swathes of national surplus.
No doubt someone will say "you don't have to buy", but then you have to rent. Forever. Because they keep bailing out housing.