> and home prices have soared nearly 20% I wonder if they're able to discount th... | Hacker News

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		AlexandrB on Nov 1, 2021 \| parent \| context \| favorite \| on: Skimpflation: A reason inflation is worse than the... > and home prices have soared nearly 20% I wonder if they're able to discount this because the low interest rates mean that monthly payments have not increased 20% for most mortgage borrowers.

caeril on Nov 1, 2021 [–]

If you're talking YoY numbers, which we are, this would actually work against home buyers because rates are higher now than they were a year ago.

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