How has Capitalism failed America? (1 Viewer)

[parasaurolophus]

Housing prices already bake in the interest rates to some extent.  That is if interest rates are high the market is going to push housing prices down and vice versa to get to a sizable enough population that can afford the monthly payment to find buyers.  At least in the macro sense.

ETA:  The same way student loans allow higher college cost.

We might be saying the same thing just depends on definition of housing costs. If we are discussing price of homes then the interest rates need to be in the discussion since they would make the price comparison look so out of whack. If we are talking monthly costs, then it isn't really very important.  

 

[kface]

American capitalism is slowly shifting society back to the feudal days...