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... when government lowers interest rates ... real estate brokers take advantage by increasing the cost of the home.
If this is your level of understanding of housing markets, Im glad you never tried to put your RE license to practice.
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I was always told that the market is very complex, but I was able to make a little chart that predicted the price increase of a house based only on the change in available interest rate. The agent said it was not that simple.
Then again the used car salesmen also alluded to some myterious clockwork as well.....