Print Page - The "Hardships" of Higher Interest Rates.....

Title: The "Hardships" of Higher Interest Rates.....
Post by: redcliffsw on January 21, 2011, 11:02:19 AM

Why High Interest Rates Are Good for the Future of the Housing Market and for Those Buying Houses
-Matthew Sercely

http://www.lewrockwell.com/orig8/sercely2.1.1.html

Title: Re: The "Hardships" of Higher Interest Rates.....
Post by: Varmit on January 23, 2011, 09:18:02 AM

I think it would be good for the housing market to sell a house at a realistic price. Say cost of production plus 10 to 15%. Honestly, is there a house thats worth 100 to 150 to 200k? I don't think so. Not when you consider what is required to pay it off. The amount of time a person must work to earn that much.

Elk County Forum

General Category => Politics => Topic started by: redcliffsw on January 21, 2011, 11:02:19 AM