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re: interest rates on home mortgages wont fall anytime soon

Posted on 7/25/23 at 6:28 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37189 posts
Posted on 7/25/23 at 6:28 pm to
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 by VADawg
Wherever
Member since Nov 2011
45127 posts
Posted on 7/26/23 at 9:43 am to
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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