Quote Originally Posted by fungus pudding View Post
Low interest rates = high real estate prices
High interest rates = low house prices.
That is why the best time to buy real estate, or assets in general, is when interest rates are high.
However with great uncertainty in world markets r.e. prices could bounce around a bit for the next year before finally settling a bit up from present prices. Having said that - the big bargains over the foreseeable future should certainly be in the share market, about which I know nothing, so I have no idea which ones.
When do you think we will ever see high interest rates ?? I think we are all turning Japanese and Low rates will be around for decades just look at the last 12yrs so called Booming rockstar economy and rates when nowhere but down