Interest rate hikes are a mixed bag. Banks are more willing to lend to home builders, which means more washing machines tvs garden hoses furniture etc etc etc. At the same time buyers are priced out and credit card rates go up. It’s a blunt instrument that smashes rather than finesses. Overall I think in the long run it’s a plus. But it’s been over a decade since we’ve tested that theory and things change…
Interest rate hikes are a mixed bag. Banks are more willing to lend to home builders, which means more washing machines tvs garden hoses furniture etc etc etc. At the same time buyers are priced out and credit card rates go up. It’s a blunt instrument that smashes rather than finesses. Overall I think in the long run it’s a plus. But it’s been over a decade since we’ve tested that theory and things change…