[quote=svelte][quote=an]Wonder when the inflation fight will be over. It’s transitory, right?[/quote]
You’re implying it’ll be a while and I think you are right.
Interest rates may indeed go low again but I bet it will take a few years. Just my opinion.
This sure feels like a replay of the 1970s even with OPEC ratcheting down production. History doesn’t repeat itself but it rhymes.[/quote]
That’s exactly what I’m thinking. Nominal house prices went berserk in the 70s. Will we see the same this time?
Unless we see a recession worse than 2008 and rates crater back to an all-time low. If that happens, I hope you have cash on hand and a job to benefit from cratering price and cratering rate.
