15-12-2012, 09:37 AM
(15-12-2012, 02:22 AM)Muck Wrote:(14-12-2012, 02:31 PM)Musicwhiz Wrote:(14-12-2012, 01:02 PM)corydorus Wrote: Well i do not want to bet on that. They can move their benchmark anytime as needed.
I remember years back 2% inflation is a concern by Fed.
That's true, but my point here is that since they can change their tune so suddenly, what makes everyone so sure that interest rates will be kept low until at least 2014-2015?
No one knows for sure when the punch bowl will removed from the party. But when that happens, those of us who've been waiting for the moment will hopefully see our patience rewarded.
Say, if interest goes up to 3%, the price fall 10%, rental drop 5%, will it be attractive to buy properties for investment?