This Time ON… IS MY WEALTH VALORIZABLE OR IS IT ALL JUST FICTITIOUS CAPITAL.
I saw this on twitter https://twitter.com/nickgerli1/status/1673774695693385728/photo/1
I wonder if this will have a measurable effect on the price of housing on the west coast.
for sure. people talk about current rates being a return to “normal” (aka the late 80s/90s), but all i can do is look at the amortization schedule of a 30 year loan and think, “wow, what a shitty deal!” probably because wages are so much crappier and home prices are also much higher than they were in those years.
