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re: Current Housing Prices
Posted on 3/12/22 at 9:13 am to Box Geauxrilla
Posted on 3/12/22 at 9:13 am to Box Geauxrilla
Where is the money coming from for all these buyers? According to the stats, 64% of Americans are pay check to pay check
This post was edited on 3/12/22 at 9:14 am
3
Posted on 3/12/22 at 9:19 am to glorymanutdtiger
I think people are paying up because material prices are increasing and inventory is low. Labor costs will increase because of inflation even when materials stabilize. Trying to buy now before rates go up even more can be a difference of 200-800/ month for the same price house. That is driving buyers imo.
Posted on 3/12/22 at 9:22 am to glorymanutdtiger
quote:
Where is the money coming from for all these buyers? According to the stats, 64% of Americans are pay check to pay check
a ‘what came first, the chicken or the egg’ situation.
Posted on 3/12/22 at 9:33 am to glorymanutdtiger
(no message)
This post was edited on 8/23/22 at 11:32 am
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