Off-Topic: Q2 GDP Crushes Expectations and Doomsayers
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Name:
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MartiniMan
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Subject:
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Q2 GDP Crushes Expectations and Doomsayers
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Date:
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7/30/2025 3:02:19 PM
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No, you are correct that this is a real problem for younger people and I didn't intend to ignore it. But 7% is about right on the historical norm over the last 50 years. Rates for the last 20 years have been historically low which has driven up home values and created an expectation that this will never change. That's definitely part of the problem as well. So I want to see rates go down to help people buy or refi their homes but that wasn't my focus in my post.
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