Submitted by Surlax t3_11e65gn in wallstreetbets
Random-Redditor111 t1_jae8gyw wrote
Reply to comment by Terbatron in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
They don’t care about the people buying homes silly. They care about current homeowners having their home values rise to infinity.
BossKitten99 t1_jaed27e wrote
They only rise to infinity as long as demand is infinite. Jacking interest rates are to limit that demand. Too high, too quick and that demand dies . Home prices are not what they were in the 80s
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