Hacker Read

worker767424 · 2021-09-14 15:41:28

Sure, but interest rates are crazy-low.

sukilot | karma 2382 | avg karma 1.24 · | 2015-02-05 20:35:19

Not if the interest rate is low.

tonyedgecombe | karma 14463 | avg karma 1.72 · | 2020-01-22 17:00:06+00:00

Or very low interest rates?

rthomas6 | karma 3931 | avg karma 2.95 · | 2018-08-20 16:58:33

Probably not at a low enough interest rate.

dredmorbius | karma 63069 | avg karma 2.05 · | 2012-12-27 20:56:38

You sure about that?

Interest rates are at all-time lows. Lending standards may make loans unavailable, but the cost of capital is anything but high.

rhizome | karma 18082 | avg karma 1.64 · | 2016-09-16 21:42:14

No, you don't need low interest rates for stupid investments, but it makes them a lot cheaper.

ChuckNorris89 | karma 16669 | avg karma 3.34 · | 2021-01-31 12:18:31

Not if the interest is lower than inflation.

tim333 | karma 15551 | avg karma 1.53 · | 2022-02-11 07:17:49

Interest rates are very low still though. Governments can borrow at nearer to 1% than 10%.

alexnewman | karma 237 | avg karma 0.22 · | 2023-11-16 20:29:32

Alas only at 0% interest rates. When you factor in 5% rates they are below again

refurb | karma 27208 | avg karma 1.53 · | 2019-09-29 15:15:10+00:00

I believe they do, but it’s a pretty modest interest rate.

hurricanetc | karma 524 | avg karma 2.57 · | 2020-02-07 16:10:27+00:00

Fed rates are low enough that banks can borrow and offer financing at seemingly impossibly low rates while still making money.

lisper | karma 54803 | avg karma 4.63 · | 2023-03-10 12:06:42

It can, and when rates are low, many do. But interest rates are rising, so borrowing is getting expensive.

HideousKojima | karma 5138 | avg karma 2.8 · | 2021-03-20 20:15:09+00:00

Yes, usually with much higher interest rates and much lower borrow limits, like credit cards.

texuf | karma 403 | avg karma 4.33 · | 2020-09-16 17:14:13

With the extremely low interest rates, I wonder if the monthly payments are about the same.

hugh3 | karma 16047 | avg karma 3.61 · | 2010-10-02 11:00:11

Isn't a loan at below-market rates equivalent to free money?

charlesdm | karma 4113 | avg karma 1.89 · | 2016-05-09 16:08:50

Yikes - those interest rates are insane.

mathattack | karma 18067 | avg karma 2.35 · | 2020-03-07 21:03:26+00:00

Right now rates are very low.

eru | karma 30335 | avg karma 1.29 · | 2013-05-03 10:54:26+00:00

Depends on interest rates.

just_myles | karma 120 | avg karma 0.66 · | 2018-12-18 23:30:01+00:00

If the 3 percent interest things is true, then sure.

shoover | karma 610 | avg karma 1.62 · | 2016-11-10 00:36:59

Yes, or at least as insurance in case interest do go lower.