That's right.... Also supply vs demand...demand is alot higher...there is a shortage of housing in this country and elsewhere...so it doesn't matter...demand is greater than supply...end of story... atm we have negative interest rates as inflation is higher....interest rate need to be higher than the inflation rate to control inflation...untill then We are dealing with negative interest rates...hello
Eg: inflation is at 5% Interest rates is at 1% we are negative 4%
so interest rates need to be higher than inflation rate (5%)....eg 7% interest rate....