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re: If trump wins I think housing rates will drop

Posted on 5/11/24 at 10:02 pm to
Posted by Tantal
Member since Sep 2012
14136 posts
Posted on 5/11/24 at 10:02 pm to
quote:

If trump wins I think housing rates will drop

While Biden certainly bears some responsibility for our current interest rates due to the "Inflation Reduction Act" (which is complete bullshite), this issue is mostly demographic and has little to do with politics. Interest rates are going to hold, or maybe even increase slightly, for the next 10 years. We won't see a drop until the Millilenials are in their prime earning years and deluge the market with capital again.
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