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A comment on Is the Fed creating a housing bubble by keeping rates low?. Parent comment

Re:Is the Fed creating a housing bubble by keeping rates low? by closeparen on Tuesday August 31, 2021 @12:23PM (#28369974)
Are you comparing this to some time in the past when people paid for houses outright? When was that time?

As far as I know housing has "always" been based on monthly earning power and not on accumulated savings.

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