The S&P 500 is 50% higher than it was before COVID. Unemployment is lower and inflation is under control. There was some shit inflation for a year and wages need to go up, but there was basically no hangover from the low interest rates.
The problem with real estate is mainly a lack of construction workers and equipment combined with housing code requirements. The average person can’t build a house like they could in the past. That used to keep costs down. Look at any old house and you’ll see some electrical or plumbing work that looks like the worker was drunk. You may even find beer bottles in the walls from those workers.
The S&P 500 is 50% higher than it was before COVID. Unemployment is lower and inflation is under control. There was some shit inflation for a year and wages need to go up, but there was basically no hangover from the low interest rates.
The problem with real estate is mainly a lack of construction workers and equipment combined with housing code requirements. The average person can’t build a house like they could in the past. That used to keep costs down. Look at any old house and you’ll see some electrical or plumbing work that looks like the worker was drunk. You may even find beer bottles in the walls from those workers.