Might be waiting awhile .. maybe 6 months till the bottom of the cycle. Then rates might sit there for years.
In the mean time could go up 25% over say 5-10s if rates stay low.
I'm no expert in this new low rate norm, who knows.
Surly it cant keep going up to price out the locals.
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- when rates rise again property will slump
Might be waiting awhile .. maybe 6 months till the bottom of the...
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