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A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment

Re:Priced out of home ownership – 'It makes me want to throw... by munksbeer on Tuesday May 28, 2024 @03:53AM (#40498449)
> Higher interest rates just mask the problem and hand more money to rich people for no effort.

What higher interest rates? We're nowhere near high interest rates.

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Re:Priced out of home ownership – 'It makes me want to throw... by hot_gril on Tuesday May 28, 2024 @02:09PM (#40503666)
Yeah, our current "high interest rates" are still artificially lowered by the Fed.
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Re:Priced out of home ownership – 'It makes me want to throw... by fragmede on Tuesday May 28, 2024 @09:29PM (#40507329)
The almost 7% that the US is currently at, vs the < 3% it was at back in 2021, 2.3x as much. It's true 7% isn't high compared to a peak of 18.5% in 1981, but neilwilson said higher, not high.
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