Reply to With interest rates and prices high, Americans are postponing their home searches by years, not months...

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]rates will be coming down soon, i don't think we will get to a reasonable 2-3% but a 4-5% could help move the market. Anything over 5% is completely unreasonable and the fed must be fired for doing that.[/quote]

You must not understand that 5% is historically low.

2-3 % isn’t “reasonable.” It is an anomaly.

Higher rates are also better for savers, ie people in retirement. CD ladders are even returning [/quote]

Another way boomers protect the wealth they have stolen from their children, oh yah make sure we pay your social security , gtfo[/quote]

When interest rates are too low people try to chase returns in other ways. This leads to inflated values in real estate and instability in the stock market. Stable 5% returns on savings is a good thing.

Also, all that boomer money is going to go somewhere. [b]Who do you think are most likely to benefit?[/b][/quote]

A mix of Billionaire owners of the a corporations they buy consumptist consumerist garbage from, and their trust fund kids to continue the cycle. [/quote]

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