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re: WSJ: There’s Never Been a Worse Time to Buy Instead of Rent (Housing Market board)

Posted on 10/23/23 at 5:04 pm to
Posted by mtntiger
Asheville, NC
Member since Oct 2003
26678 posts
Posted on 10/23/23 at 5:04 pm to
I know things are bad, but it's hard for me to believe it's the worst time to buy a house. Interest rates are nowhere near the 18 percent they were under Carter.
Posted by The Baker
This is fine.
Member since Dec 2011
16191 posts
Posted on 10/23/23 at 5:06 pm to
quote:

I know things are bad, but it's hard for me to believe it's the worst time to buy a house. Interest rates are nowhere near the 18 percent they were under Carter.


Prices actually responded to interest rates then.

Homes were cheaper.
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