[quote=spdrun]Hopefully this will be balanced out in sum by the positive effects of the Fed’s tapering. As to 1% loans to Americans, most Americans would be too damn stupid to be responsible with that money.
Yay for more Mickey Dee’s, McMansions, and autotragic cars.[/quote]I don’t give a flying f*ck whether most Americans would be responsible. All I care about is me. I will be able to get 1% fixed for my primary and rental and since there will be more demand for stuff, yay for higher prices. I’m benefiting from both side and that’s all I care about.
An even more wishful scenario would be we’ll see another housing bubble that’s bigger than the last. I will cash out and buy back when it crater even harder. This time, I’ll go all in.
