housing less affordable-->lower price
One thing for sure is higher inflation-->higher bond rate, investors will choose bonds if mortgage rate is lower than bond's.
I think inflation-->higher rate-->less borrowing-->
本帖于 2007-09-18 10:08:24 时间, 由普通用户 表情符号 编辑
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higher inflation->more borrowing because it is profitable
-longterminvestor-
♂
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09/17/2007 postreply
23:21:00