I argued that higher rates, rising housing costs, and unchanged salaries were putting pressure on affordability. My post offered a conditional outlook: if rates stayed high, slower sales could come before a price correction.
On 2023-11-02, I said: “EMIs have doubled; salaries haven't risen.” I also said house prices had gone up a lot.
I said that the cost of capital is correlated globally; Indian rates can't go down if US rates stay up. I credited @Investywise as research.
I said, “If rates stay up,” and that “the slowdown in sales could be a logical precursor to price correction.” This was a conditional outlook, not a stated certainty.
On 2023-02-08, I described 2008 to 2022 as an anomaly, not the norm, and said what worked for millennials would not work for Gen Z. I argued that a higher cost of capital would directly affect the growth rate. This was the first of three takeaways; the captured post includes only this one. It connects with my later advice to young founders in young founders advice.
On 2023-03-17, I wrote that hindsight bias had replaced real estate with PE/VC on my “bad to okay invst list of 2023.” I argued that when a trend changes, as I thought the interest-rate scenario had, the winners of the preceding cycle would likely be the last to change. I contrasted 0.25 with 4.75 percent using emoji imagery, but did not specify what the figures measured or explain the imagery.