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Message
re: credit bubble vs house prices
Posted on 5/10/24 at 5:39 pm to SDVTiger
Posted on 5/10/24 at 5:39 pm to SDVTiger
Just check out this link
US Median home price
I still don't think people realize even if interest rates drop 1%, the average to quasi upper middle class American still can not afford these homes. There is no one waiting on the sidelines as those like to say for meager drops. They are waiting for major interest rate drops and housing price corrections.
Many are okay with renting until it happens as it is still cheaper.
US Median home price
I still don't think people realize even if interest rates drop 1%, the average to quasi upper middle class American still can not afford these homes. There is no one waiting on the sidelines as those like to say for meager drops. They are waiting for major interest rate drops and housing price corrections.
Many are okay with renting until it happens as it is still cheaper.
This post was edited on 5/10/24 at 5:41 pm
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