I bought my house with my military sign in bonus. I got 20k that i put into the s&p. After college it was 40k. My house was 120k.
Then the federal reserve made the choice to raise housing prices like crazy by lowing interest rates to 0.25% (1.9% apr for houses) and my house blew up to 500k.
Low interest rates have killed the market for anyone to ever buy a house now. They really need to raise rates to 10% before housing becomes affordable again







It would lower housing costs because investment firms would bail on the housing as an investment strategy because they could make higher returns in other markets like bonds and stocks. With low interest rates housing is an incredible investment returns.