Re:Home Price to Income Ratio
by jdhn on Tuesday September 21, 2021 @01:44PM
(#28607558)
>You know, if it was that easy then central banks would have raised interest rates a long time ago. Probably shortly after 2008.
The Fed attempted to raise rates in 2011 which lead to the so-called "Taper Tantrum" where stocks plunged. The Fed either got scared, or received a phonecall, and promptly held off on increasing rates.
The Fed attempted to raise rates in 2011 which lead to the so-called "Taper Tantrum" where stocks plunged. The Fed either got scared, or received a phonecall, and promptly held off on increasing rates.