Want to create an interactive transcript for this episode?
Podcast: Get Rich Education
Episode: Keith's Housing Predictions | When Mortgage Rates Rise, Home Prices Rise & Supply Falls
Description: Learn why I believe US home prices will rise 9-10% next year. That's higher than historic norms and lower than this year. Expect higher mortgage interest rates too. Counterintuitively, higher mortgage rates correlate with higher housing prices. Higher rates also correlate with lower supply.  Today, inflation (6.2%) is double of mortgage interest rates (3.1%). This means that when you repay the bank, those dollars debase on them twice as fast as the bank's interest charges can accrue on you. Since 1994, mortgage rates have risen six times. House prices rose every...