I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …
Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –
1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.
2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …
Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…
I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!
