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We need negative interest rates so mom and pop savers will have to pay for the cheap money loaned to real estate investors and not the other way around.
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Wrong bro, we need negative interest rate so the bankers pay US ALL for years of rape. You never make money on real estate. Very rarely... after you add up all the interest, taxes, transaction fees and real estate fees you are lucky IF you gat your cash back.
Trump is a hypocrite here..... he campaigned saying we are in "a big fat ugly bubble" from Fed printing easy money and lowering rates, now he wants exactly what he criticized Obongo for.....
[–] 22716935? ago
We need negative interest rates so mom and pop savers will have to pay for the cheap money loaned to real estate investors and not the other way around.
[–] 22718317? ago (edited ago)
Wrong bro, we need negative interest rate so the bankers pay US ALL for years of rape. You never make money on real estate. Very rarely... after you add up all the interest, taxes, transaction fees and real estate fees you are lucky IF you gat your cash back.
[–] 22720125? ago
Yo negativite rates mean we pay the bank to hold our money. Not the other way around.