Actually when Fed start raise the rate,

house price will be up more because many people think rate will be even higher late on. So many people will jump in (This explained why the house price continue to climbed in 2005 and 2006)until the rate is too high (in 2007), then it will start to fall.

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• Then who does not have a house? -worriedmom1- ♀ (279 bytes) () 12/08/2009 postreply 20:18:30

• such as people with more than 200k family income, 别问why -小老百姓- ♀ (0 bytes) () 12/08/2009 postreply 20:41:43