Inflate money supply = flood the market with credit. Money printer never stops = house prices go up exponentially.
28 Sep 2022, 15:45
Inflate money supply = flood the market with credit
Money printer never stops = house prices go up exponentially
Number of homes remains linear = people who don't accept debt are priced out
Increase rates = real property foreclosures
September 2020:
- Median home price: 337k
- 30y mortgage rates: 2.86%
- Total paid over 30 year period: 502k
September 2022:
- Median home price: 440k
- 30y mortgage rates: 6.47%
- Total paid over 30 year period: 998k