alt Hacker NewsIf anything it's the opposite. Extremely low interest rates drove housing prices higher by making it easier to afford a higher price.
If anything it's the opposite. Extremely low interest rates drove housing prices higher by making it easier to afford a higher price.
It’s not about the interest rate. It’s the availability of loans for unproductive purposes on a societal level. It raises the price even if you choose not to partake in said loans.
When the money being lended is digital and not backed by anything it’s even worse.