All gas, no breaks, no consequences. Seems like a strong political argument for winning elections, but a reckless economic theory.
In subreddit r/FluentInFinance
In a post titled:
US existing home sales are set to close at 4.04 million in 2024, marking the worst year since 1995. The average rate on a 30-year mortgage is up 100 basis points since September alone, to 7.1%, despite the Fed cutting rates by 100 basis points.