[quote=SD Realtor]AN I also dream about the days of high rates to buy bonds. However with those days we saw inflation and mortgage rates that would make you cry. Not to mention credit for business loans. Not fun times man.[/quote]
Why there is no fun? Higher rates will force people to make more prudent financial decisions. And bubbles/bursts are the results of reckless financial decision in the past. With low rates, we are becoming a nation of gamblers, how is that any fun for the next generation?