it’s impossible to time interest rates, isn’t it? you’re just sort of at the mercy of this swirling sea of rates. the house price is something you can control, but you can only buy around the time when you’re comfortable with a rate. And it’ll never feel good, since if it’s falling, you’ll feel like, hell, if I only wait a while it’ll be lower, and if it’s rising, you’ll think goddamnit, it’s got to level off and fall soon. so basically it’s always going to be painful.
does it all come down to why interestr ates are rising in terms of its effect on housing prices?
