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<p>[QUOTE=&quot;GoldFinger1969, post: 4296356, member: 73489&quot;]But this is an EXOGENOUS and BLACK SWAN event -- The Virus -- which is not like a supply or demand shock or price controls.</p><p><br /></p><p>Fundamentally different ! </p><p><br /></p><p>They weren&#039;t really out of gas, it was more rationing (closed Sundays; odd-even plates, etc.).&nbsp; But yeah, when you restrict the price you can charge you get shortages and lines.</p><p><br /></p><p>You can get a mortgage for about 2.50-3% or so.&nbsp; But the mortgage rate is sticky to the downside because of 2008-09 (defaults) and banks don&#039;t want to own illiquid assets like homes.&nbsp; So you won&#039;t see ngative mortgage rates here like in Europe. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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