What Historically Low Mortgage Rates May Spell for Homebuyers in 2020 and Beyond
“Obviously, there is somewhat of a tension between one group seeking for housing to be affordable, which means low prices, and another group seeking continuing investment return, which requires not just high prices but continually increasing prices,” says Peter Gowan, policy associate at the policy and advocacy organization The Democracy Collaborative. “I’m not very sympathetic to the idea that the primary purpose of housing—and the primary purpose of what public policy should do in regard to housing—should be to deliver investment returns to people over time.”
Publication date:
2020-09-22
Publisher:
dwell
