回复:how can I make u people understand?

回答: how can I make u people understand?murmur.on.hudson2010-09-16 12:37:51

Your opinion: "when interest rate rises, housing price is down. with 9%+ mortgage, who want to buy houses?"

I just try to point out some facts:

Based on history, when interest rate rises, housing price may increase (please check housing prices in 70s.). People bought home with 10%+ mortgage.

When interest rate drops, housing price may drop (please check housing prices 2000 to 2010).

I am only debating that opinion.

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