Quote:
Originally posted by Royaltee_Gee
Wait 2-3 years, once interest rates go up......... then the rich will get richer, the poor will get poorer...
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I actually hear that quite a bit. Supposedly, the first nail in the coffin is the interest rate creep up. This would freeze first level home buys preventing people sellers from buying up, eventually putting the squeeze on overextended investors looking to do a 1031 tax swap.