>We don't need to lower interest rat-
>>60891583>CEO fires 4000 workers for "AI">LOWER THE INTEREST RATE!!!!!!!!!!!! I WANT TO WORK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
>>60891598Do it or I will unironically start to eat the rich. Literally.
>>60891630trim the fat first!
>>60891583lowering interest rates will only make housing more unaffordable and continue the trend of keeping young people renting forever.we need higher rates and a few years of pain, or we're condemned to drawing out the agony for another 2 decades or more. make friends with pain.
>>60891583we're in a post-job society.
>>60891630You'll eat a bullet first, fatty.
>>60891583If you add the people that stopped looking for work, it's probably more like 2009 lol
>>60891583I'm sorry anon, inflation is still too high. We can't lower rates as much as businesses would like.
jobs aren't real and no one has one
>>60891665Wise words.
>>60891583I voted for this
>>60891643Problem is we've already had 20 years of pain, briefly paused by the 2017-2019 growth run (kneecapped by covid, and pulverized into the dirt afterwards by globohomo). What we *need* is getting off the teat of a credit and usury fueled economy and abolish the fed.
>>60891650Stop shitposting on 4chan, Bezos.
>>60891583americans are just lazy and wont fill those job openings. We NEED skilled immigrants
>>60891630lmao no you won't pussy
>>60891848Starvation is a good motivator for cannibalism.
Pokemon cards are trading at ATH. Raise the interest rates
>>60891643>lowering interest rates will only make housing more unaffordable and continue the trend of keeping young people renting forever.>we need higher rates and a few years of pain, or we're condemned to drawing out the agony for another 2 decades or moreBrainlet take. Interest rates need to go down to incentivize economic growth and create jobs so normgroids and wagies can make some money. The housing shortage needs to be solved by actually building houses and increasing supply but unfortunately won't happen in certain areas (Cuckifornia). Poorfags will simply have to move to where it's cheaper, sorry.
>>60891583Gigabullish.BILLIONS WILL PRINT!
>>60891583They'll just blame the inflation on your wages even though you still can't afford a house.
>>60891857there are no jobs where it's cheaper dumb nigger bitch
>>60891630Communist niggers like you think you are against the rich but you actually do everything evil rich Jews want. Nothing but subhuman golem you are. Ie useful idiots
>>60891926> le useful idiotsThere is some truth to this. In Europe, you can see this phenomenon clearly. Support the poor and the lazy socially to a point of ridiculousness, and they will keep voting for you. It's a bargain.Only now these useful idiots and their masters are beginning to realize there is no more money.
>>60891583ah yes the fake job openings
open the fucking coal mines! Drill more oil! DRILL BABY DRILL
>fed signals readiness to cut in September>long end of the yield goes UPFew people understand just how FUCKED they all are
>>60891643High rates doesn't mean houses get cheaper since you're also increasing the price of mortgages. The real problem is wage suppression and population density. You can solve both by doing things like reducing outsourcing and immigration.
>>60891686No refunds
>>60891851I was recently at a local independent game shop and guys were all talking about their latest pulls and cards they'd bought. Thing is, none of them were talking about pokemon, playing the game, or the cards themselves. All they were discussing was the cash value. It's a bubble.
>>60892801The entire economy is a bubble.
>>60892282?us 30yr yield fell a lot today
>>60892745Houses aren't getting that cheaper in countries with emigration like Hungary countries with a heavily decreasing population
>>60892904Zoom out. It's back to 2007 levels. Right before everything went to shit.
>>60892788
>>60891857We don't need to build more houses though, we need to send more H1Bs back
>>60893060>We don't need to build more housesKill yourself, boomer fuck.
AI will fix everything
>>60892930By what metric are they not getting cheaper though? Nominal prices on something like a house isn't telling the full story since you're not just paying for a house in cash, you take out a mortgage with interest paymensts. You also have to look at things like wage growth and whether they're beating the price of mortgages in growth over time. Obviously if wages aren't growing that just adds to my point that the core issue is wage suppression and obviously there's different countries with different causes for slow or negative wage growth and immigration is just one example. Hungary for example has to deal with for example the rest of the EU being way more competitive in a variety of fields, resulting in the same effect as outsourcing even if they never had an industry that was outsourced. If say Germany has an EV sector but can't make EVs as cheaply as China, the German EV industries dies and there's some degree of pressure on wages. If Hungary could never even have attempted to start their own EV sector because they can't even compete with Germany, their just never have an EV industry in the first place which keep wages low even if they're not falling.Simply raising interest rates to force home prices down just results in people not only being priced out of home ownership, it forces rents up as well since most rental properties are mortgaged. If the goal is to force them on the market again, well, you've basically just done it by forcing the land lord into selling because he can't find tenants and he's close on being underwater on his mortgage or he's just actually defaulting. None of that is good.
>>60891583I don't think lowering the interest rate is going to sooth the bond market. Eventually you'll have to pay for a century of bad decisions. It will manifest in an economic downturn, high jobless rate and now once rates get lowered hyperinflation. Weird how everyone is preparing for war, or trying to. Lowering interest rates will benefit older and richer demographics whose asset classes will continue to inflate, until they don't anymore. Threats of system collapse and contagion are already here, it's the entire western world that is at the cusp of a debt crisis. Lower it, lower it to zero or even negative, surely that will lower the cost of living for people and encourage work force participation. It couldn't possibly continue the cycle of deleting jobs via jeets and AI.
>>60891897Not my problem.>>60893060Why not both?
>>60893175There are enough houses for everyone that could live in one, they just aren't all available or within everyone's price range.Building more will just give you more choice of model a, model b or model c in the new 450-550k development projects
>>60892745Higher rates directly cause decreased housing demand which directly cause lower housing prices BRAINLET
>>60891643No, cut property taxes for family main residences, raise taxes on short term rentals and all secondary properties, crack down on section 8, and abolish corporate ownership of single family housing. That’s it.
>>60894598I have never read a more anti-Semetic post in my entire life
>>60893692It causes lower house prices, not lower housing prices.
>>60893253The bond market can be "bailed in" through yield curve control or "bailed out" through hyperinflation>>60894632Most real estate investors that have been locking up supply are just dumb fucking boomers with nothing better to do.
>>60891583Every person gets different interest rates. Why do people talk about rates like its a universal constant?
So, will Americans crash the market today?
>>60894838Every well-qualified buyer will have a comparable rate if locked on the same day. Maybe if your credit score is sub 740 you pay more but then you also probably shouldn’t be buying a house.
>>60894927I had a 780 credit score and got a 2.5% interest rate on my mortgage.
>>60894927Interest rates are more than mortgage rates.Different rates for every kind of thing. But people just say "rates"
