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The U.S. government has every incentive to keep rates down, since the government is a huge borrower.
But if the employment increases, wages improve, business is stronger, and people's expectations for housing improve along with their improved outlook, will the Fed increase rates?
Then what happens?
Economy, income, and spending up
Real estate ___?
(inoitall is not allowed to answer because according to him, rates being low have to be removed from consideration)