mark tenenbaum said:
I was trying to build and sell houses when the rates were 21%
ironically, the best time to buy a house and refinance when rates went down to 7-8% as too much of the house value was interest.
buying when interest rates are low, is the opposite, hence, the housing crash.
then, you get the government forcing equity owners in companies 10 cents on the dollar to cover their stupidity with no penalty.
https://www.youtube.com/watch?v=q8hjUei-Nwo
your posts are too long to have a point.///// They make several points, if you can count that high and assimilate more than one idea at a time And the thread refers to the early 90s and late 80s-When I was building and selling homes that I owned- Not some fancifull theory geared at national homebuilders and institutions, from some economics course. Since you probably have always been a drone in some laboratory. You have no clue about the real world of an American contractor. O0