When interest rates were at zero, when the Federal Reserve was trying to keep interest rates at zero, because the last Trump administration was saying, keep them at zero, keep them at zero, keep them at zero. And what did that do? Yeah, the … When interest rates were at zero, the price of housing went through the roof. … anybody who was rich, anybody who had a fancy house anywhere in America benefited hugely. And we're in that moment again. We're in that moment again. The moment we have been in for. (10:53–10:57)
STATEMENT
Asserts that housing prices increased significantly when interest rates were at zero.
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