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re: interest rates on home mortgages wont fall anytime soon
Posted on 7/25/23 at 6:28 pm to Sao
Posted on 7/25/23 at 6:28 pm to Sao
quote:
Gen X dealt with these types of rates as a norm in the 90's and 00's, including after 9/11. We survived.
Do we just disregard housing price inflation vs wage inflation in those years?
Posted on 7/26/23 at 9:43 am to LSUFanHouston
quote:
Do we just disregard housing price inflation vs wage inflation in those years?
Yes. There are a lot of older people who completely ignore this part like it is not part of the equation at all.
The old starter home really doesn't exist anymore unless you want to dodge gunfire walking to the mailbox.
This post was edited on 7/26/23 at 9:48 am
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