SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Investing in Real Estate - Creative Opportunities

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (1919)8/22/2013 9:53:24 PM
From: RetiredNow  Read Replies (1) of 2722
 
Maybe, John, but rates are going up. I think everyone is going to be shocked by just how much rates will go up. That is a macro factor that will crush any housing recovery. It is quite possible that we see the 10-year Treasury up to 4% by next summer when QE has finally ended. That would put the 30 year at something like 6% and mortgage rates at 7-8%. Do you think housing can continue to recover, even with a gen-Y demand pushing prices up?

I'm skeptical. I've said for a long time now that QE and ZIRP have consequences. Nothing is free in life and eventually we're going to have to pay the price for the last 4 years of largesse. The next one year is going to be torturous.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext