If mortgage rates rise form 5% to 10% but the expected rate of increase surrounded by housing prices rises form 2% to 8% ?
If mortgage rates rise form 5% to 10% but the expected rate of increase in housing prices rises form 2% to 8% are people more or smaller amount likely to buy houses?
Answers:
Less. The housing will be much more expensive! When the price goes up, the number of buyers go down!
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Answers:
Less. The housing will be much more expensive! When the price goes up, the number of buyers go down!
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