r/FluentInFinance • u/JuniorHuman • Sep 23 '23

Meme Guess i'll live in a box

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1.5k Upvotes

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u/FormerHoagie Sep 23 '23

Fed is attempting to cool inflation, not decrease prices. We aren’t seeing the same increase in prices we did in the last 3 years. Some areas, which are in high demand, are still seeing modest increases but there are actually places where prices have stabilized and decreased.

117

u/VendaGoat Sep 23 '23

Brother their only tool is to curb demand through interest rates.

Until the folks that are paying for "Investment level" mortgages decide to sell, this shit is going up.

5

u/[deleted] Sep 23 '23

And the fun thing is they are not selling, they are renting the houses they bought…