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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 9:01 am to Powerman
Posted on 10/1/23 at 9:01 am to Powerman
quote:
Home prices don't have anything to do with either of these
That’s a total horseshite opinion, but not surprising coming from the most ignorant poster on TD.
Home prices are also being driven by the increases cost of new construction, materials and labor, all resulting from inflation and labor shortages. New home price surges are driving up the market value of existing homes.
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