alt Hacker News> believe it tends to get sunk into asset inflation? Real estate/housing
Housing prices tend to go down or at least stabilize when rates rise.
> believe it tends to get sunk into asset inflation? Real estate/housing
Housing prices tend to go down or at least stabilize when rates rise.
True. I think CPI excludes mortgage interest, but in terms of real actual housing expense that people experience, it seems like it'd still cause it to rise. And as renting becomes more attractive as an alternative to buying, landlords get more pricing power.