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re: US homeowners hit the jackpot. Median homes up 53% from Jan 2020 to Aug 2023
Posted on 10/1/23 at 7:55 am to SDVTiger
Posted on 10/1/23 at 7:55 am to SDVTiger
that response is perfect and encapsulates the average person's thinking.
"home prices going down after surging these past few years is impossible!!!"
don't take it from me. take it from an expert on interest rates where he speaks on the long term cycle. LINK.
people don't realize it because they've been conditioned for the past 15 years of low rates. we're heading to a higher long term rate cycle just as we did from the 1960s to 1980s. anyone remember stagflation and the 70s?
"home prices going down after surging these past few years is impossible!!!"
don't take it from me. take it from an expert on interest rates where he speaks on the long term cycle. LINK.
people don't realize it because they've been conditioned for the past 15 years of low rates. we're heading to a higher long term rate cycle just as we did from the 1960s to 1980s. anyone remember stagflation and the 70s?
1
Posted on 10/1/23 at 8:02 am to JimMorrison
quote:
home prices going down after surging these past few years is impossible!!!"
That was never said. Im laughing at what you posted
Rates will be high for 30yrs? How high?
That dork you posted from CNBC, which of course has Diana Olick who has said the past 20yrs dont buy houses they wont go up in value, isnt anyone to take advice from
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