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re: These real estate markets may be on the cusp of a San Francisco-style affordability crisis

Posted on 3/17/22 at 11:01 pm to
Posted by Irregardless
Member since Nov 2021
2237 posts
Posted on 3/17/22 at 11:01 pm to
They are hiking interest rates like 14 times in the next two years. Back to renting for most. Property values won’t be climbing much either.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75268 posts
Posted on 3/17/22 at 11:10 pm to
quote:

Property values won’t be climbing much either.


Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38778 posts
Posted on 3/17/22 at 11:10 pm to
quote:

They are hiking interest rates like 14 times in the next two years.


Stop talking outta your arse.
Posted by lynxcat
Member since Jan 2008
24186 posts
Posted on 3/17/22 at 11:12 pm to
Expected to be 6-7 0.25% increases over the next year or so.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261568 posts
Posted on 3/18/22 at 7:39 am to
Government protecting property values is a huge part of this problem.

Posted by MrJimBeam
Member since Apr 2009
12373 posts
Posted on 3/18/22 at 7:50 am to
quote:

Property values won’t be climbing much either.


Let me know when lumber prices start decreasing. Housing prices may stall but there won’t be a crash.
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