by marko follow (0)
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This clearly means that the previous decade’s housing data should not be looked at for any kind of patterns going forward. Like Japan’s momentary lapse of reason in the late 80s, it was really a one-off and AFAICT we’re going to be continuing to chisel at its remnant valuations for the foreseeable future.
That is a really good point.
This clearly means that the previous decade’s housing data should not be looked at for any kind of patterns going forward. Like Japan’s momentary lapse of reason in the late 80s, it was really a one-off and AFAICT we’re going to be continuing to chisel at its remnant valuations for the foreseeable future.
That is a really good point.
That was basically my point with the chart. It does not corellate interest rates with prices like many have estimated/speculated I am not sure how I can tell the gvmt to keep rates the lowest on record for too long so at what interest rate should I buy a house ?
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I am not much of a chartist but does this chart show a spike in interest rates starting in 2004 and ending in 2008 ? Is that when house prices got crazy too ? Am I reading this wrong ?
#investing