There is nothing to discuss and there is no larger context to what you posted. If interest rates, for whatever reasons, suddenly shot up to 10 to 12% overnight, there would be a commensurate drop in RE values almost as quickly. Your comment only makes sense if the asset values are static, which they are not.
Believe it or not, I don’t really like calling you out on this, but you have been posting some real winners here in the past couple of weeks. Stuff that could extremely misleading to newbie readers. Can’t let that go unchallenged.
