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re: Taking a poll: Who thinks and why:
Posted on 5/26/23 at 7:34 am to Thomas98
Posted on 5/26/23 at 7:34 am to Thomas98
We have been told a recession was going to happen for over a year now. Seems like we have been answering the same question every 3 months. Do think the higher interest rates have started taking effect on people looking for homes ,car loans etc...Still not affecting prices on food, energy etc.. Prices still sky high with no lowering on those. People still willing to pay outrageous prices on eating out, taking trips etc.. I can see this dragging out for another year or longer whatever it is we're in. To answer your question Anybody who does think they know they dont.
This post was edited on 5/26/23 at 7:36 am
Posted on 5/30/23 at 1:41 am to FLObserver
Eventually the higher rates are going to crush people. I have several friends in Lending. They are telling me rates are only going up on mortgages, credit cards, and other types of loans. That's not going to end well for most people. I do 100% agree with your last thought.
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