there is no proof rising rates stop house price rises....it just slows down the number of sales, for awhile...
the idea that rising rates will make the prices fall, and therefore make it easier for the renters to become owners...
is pure fallacy.....
the bankers win every time...they tighten all the other criteria, making it even harder for the others to get in whilst rates are going up
anyway, its the devaluation of the dollar that is the real source of higher prices
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