Joseph McInerney Chicago on the Raising of Interest Rates

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5/4/22, 2:23 PM

Will the Raising of Interest Rates Slow Down House Price Inflation or Is Demand Too Strong? | Joseph "Joe" McInerney | Real Estate

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Will the Raising of Interest Rates Slow Down House Price Inflation or Is Demand Too Strong? by jmcinerney | May 4, 2022 | Joe McInerney Chicago, Real Estate

House prices are a measure of how valuable property is. If house prices go up too quickly, it means that the property’s value is going up too quickly. It’s not suitable for individuals to own property worth more than they can afford to pay for it. This is why house prices tend to go up slowly – if you buy something that you can afford to buy, it will be worth more after you have paid for it.

The Evolution of House Prices House prices are a measure of how valuable property is. If house prices go up too quickly, it means that the property’s value is going up too quickly. It’s not good for an individual to own property worth more than they can afford to pay for it. This is why house prices tend

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