Wednesday, March 15, 2017

Fear Another Interest Rate Hike Bursting Kansas City Real Estate Bubble

Thanks to a reminder from our blog community . . . Here's a quick peek at decisions that impact all of our lives more than just about any other news out there . . . And spell doom for upcoming GO BOND property tax increases: What a Fed rate hike means for you (get ready to pay more)

4 Comments:

Anonymous said...

USA Today?

LOL

Anonymous said...

We don't have credit card debt, adjustable-rate mortgages and home equity lines of credit.

Good luck to those who do. And may you be debt free when you reach old age!

Anonymous said...

Rates go up and land/house prices should drop as everyone who thinks they own literal acres of gold realize that would-be purchasers can no longer get essentially free money to buy their "gold". I've been looking for over a year for 20 - 40 acres and non-arable, flat land covered with scrub trees in a flood zone, $10k/ac. That's inflation which can only be controlled with rates fluctuating.

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