alt Hacker NewsMortgage loans have been getting cheaper due to automation and the commoditization of loans / increase in surplus capital.
That then pushes up home prices over time relative to inflation.
Mortgage loans have been getting cheaper due to automation and the commoditization of loans / increase in surplus capital.
That then pushes up home prices over time relative to inflation.
Home prices have doubled in most areas since 2009 (and worse in many areas.) when people complain about prices in 2025, this is what they’re talking about. This is not driven by the novel existence of 30-year mortgages and interest rates are at a near-term high.