Except that double taxation of investment properties would also have the unpleasant side effect of driving up rents. Making it even less likely that the lower middle class would ever be able to afford traditional financing.
Interest rate increases are the medicine that nobody wants to swallow. Just how far are prices likely to fall when the real cost of money is so darn cheap?
-
Except that double taxation of investment properties would also have the unpleasant side effect of driving up rents. Making it even less likely that the lower middle class would ever be able to afford traditional financing.
May 10 20:17 pm
|Rating:
0
0
All Comments by Argyle »Should We Force a Housing Bottom? [View article]
Interest rate increases are the medicine that nobody wants to swallow. Just how far are prices likely to fall when the real cost of money is so darn cheap?