[quote=spdrun]What late 70s rates will do to housing won’t be pretty. Core inflation doesn’t predict what housing will do.
Housing went up in the 70s, but only in context. Late 60s, early 70s = riots, malaise, and war, which had a depressing effect on prices.
Be careful of what you wish for.[/quote]Housing went up in in context but X, Y, Z had depressing effect on prices? So, what you’re saying is, w/out X, Y, Z, prices would have gone up A LOT more? AWESOME.
