Rule number one in RE is: You don't buy the property, you buy the repayments. So regardless of all other elements in the equation, if IR's increase substantially, then buyers will flee the market and the overleveraged will flood the market with stock - leading to a crash in value.
With due respect, Forged, something tells me you are not old enough, or experienced enough to know how the game works.
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Rule number one in RE is: You don't buy the property, you buy...
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