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hmiamid OP t1_irgifq7 wrote on October 7, 2022 at 10:56 PM

Reply to comment by olioli86 in [OC] House price you can afford by paying 1000/month for 30 years vs. interest rate by hmiamid

Yep. Warren Buffet said interest rate is like gravity. It brings price to a more "down to earth" value. Low interest rates makes prices "float" too high.