Us negative real interest rates
In a world where interest rates are entering negative territory and the U.S. is viewed as the world s most favored major economy, our gravitational pull for global capital flows is becoming intense, with the U.S. real estate market emerging as one of the top safe havens for foreign capital. Maybe long-term real interest rates will average 2% to 3% in the future, and negative real rates will be rare; or maybe negative real rates will be common and cause fundamental economic changes.