Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by robertlagrant on Thursday May 30, 2024 @11:59AM
(#40525220)
I probably agree with most of this, and definitely with your thoughtful last sentence, but the context is that the existence of mortgages has driven up house prices. I think this is a silly claim, because while almost no one being able to buy a house would lower house prices, it would do so in a net negative one.
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Re:You Can Thank Private Equity for That Enormous Doctor's Bill
by have_faith on Friday May 31, 2024 @07:02AM
(#40533498)
It sounds like there's two separate dimensions to this, price, and positive / negative outcome.
It seems like it's possible for a banks mortgage lending practices to both positively increase access to mortgages while at the same time making houses more expensive. At first I think this is counter intuitive, but I think there's a logic to it. Whether this is a good tradeoff, is separate to whether the loaning itself increases house prices.