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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
Posted by jrodLSUke
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Member since Jan 2011
22375 posts
Posted on 10/1/23 at 9:01 am to
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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