12 FED To Begin Quantitative Tightening Housing Market DOOMED posted 3 years ago by 1andrac3 3 years ago by 1andrac3 +12 / -0 https://www.youtube.com/watch?v=mfrloDGDKns I've never heard about this before just curious what are the thoughts? 4 comments share 4 comments share save hide report block hide replies
George Gammon's view on the topic
https://youtu.be/t1tUPGbMFZg
House prices are a function of decade+ ultra low rates. Raising rates will pop this bubble, it really is that simple.
Increasing interest rates will price potential home buyers out of the market. Foreclosures YoY up 181%, nationally. Likely to increase. Raising rates will also fuel a recession. I say we are already there. This will bury people exposed to debt.