Re:Payroll employment rises by 353K in January; unemployment...
by eru on Friday February 02, 2024 @08:53PM
(#39236890)
High interest rates make house prices drop, until new mortgages are about as affordable as before.
(This might be easier to understand in the reverse: low interest rates make houses prices go up until the mortgage is just as (un-) affordable as before.)
(This might be easier to understand in the reverse: low interest rates make houses prices go up until the mortgage is just as (un-) affordable as before.)