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High-End Takes 31 Months to Recover From Lehman

Started by urbandigs
over 15 years ago
Posts: 3629
Member since: Jan 2006
Discussion about
http://www.urbandigs.com/2011/04/manhattans_high-end_takes_31_m.html I thought this was interesting
Response by stevejhx
over 15 years ago
Posts: 12656
Member since: Feb 2008

And when the free money plug gets pulled, don't expect it to last!

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Response by marco_m
over 15 years ago
Posts: 2481
Member since: Dec 2008

wheres the free money right now ? 30yr fixed could be at 2% and I dont think you'd see any greater demand.

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Response by stevejhx
over 15 years ago
Posts: 12656
Member since: Feb 2008

mm, the yield curve is grossly distorted by QEII - along with everything else. Short-term rates are about -5%. Here are the current years pre- and post-QEII:

http://www.bankrate.com/rates/interest-rates/treasury.aspx

This will not last.

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