Inflation coming in hot boys!!

[thechatch]

Bobs the voice of reason. It’s borderline. Jobs are starting to fade but number starting to heat up. I wouldn’t be in favor of a 50 point rate cut in September….25 points wouldn’t be out of the question.

You probably need to learn the difference between points and basis points first

 

[Bob_C]

We call them bips in the real world.

 

[UW_Doog_Bot]

I would say that interest rates are near the bottom of why housing is so hard to get for Average Joe
Land use, green energy requirement and excessive regulation top the list We bought at 11% in 1985 but the house was only 90 grand. It was old stock in an "up and coming" neighborhood.

Yeap, price is more so the issue than rates.
Which is the result of squeezing supply with regulations and subsidizing demand. Nothing like the government "making housing affordable" to help drive up property taxes.

lots of words to say the problem is fascism

Unironically yes.
Fascism seeks control of markets through large corporations.
Fannie Mae and Freddie Mac.

 

[UW_Doog_Bot]

*state sponsored corporations