Future Home Prices when SHTF and Peter Schiff agrees!

In this video I establish that interest rates and home prices are inversely proportional, I show a spreadsheet that has approximated this relationship assuming everything else will be the same (which it won't, I know), and I play a recording of me running my rationale by my favorite economist and hero Peter Schiff.

Category:

News & Politics

Tags:

• Future
• Home
• Prices
• when
• SHTF
• and
• Peter
• Schiff
• agrees!

[mjb3368]

I guess there are two findings you have touched on.

• Higher IR's will negatively affect the housing market (safe bet)

• There is an inverse correlation of prices and IR's (not sure)

Using regression analysis can always get you into trouble because most of this type of statistical analysis is based on the notion that the future will resemble the past. So maybe historically there was a strong correlation between these two variable, but to me it seems that in my area they are acting together.

[chuska8383]

@farhadekoohkan Thank you! I appreciate that.

[chuska8383]

@particlelight That cretan will no longer bother you on my channel, he is blocked. Sorry about that. Thanks for commenting.

[chuska8383]

@AntiSchiff It is not only the fact that housing goes up or down in and of itself which the spreadsheet proves, but rather the mathematical relationship which I defined in detail with an empirical formula assuming all other factors are constant...which I realize they're not, but I still feel it is rather eye opening. I've read Milton Friedman, and I agree with him on many things but disagree on his monetary policy. You're rude, an idiot, and blocked. You remind me of that idiot Dan Stevens.

[particlelight]

@AntiSchiff Anti-shiff, why don't you get a job, or at least a productive hobby, and stop pestering people with your lame critique of Peter Schiff. Your envy of Peter Schiff's success is just pathetic to watch.

[Bergertim]

I think you're right.

[MrJohn196741]

good video man you may have saved me a lot of money