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re: If trump wins I think housing rates will drop
Posted on 5/12/24 at 11:28 am to TerryDawg03
Posted on 5/12/24 at 11:28 am to TerryDawg03
.
quote:
How would this increase housing supply? The people selling the home would need to move somewhere. It would be a net zero. They would most likely either buy another home or occupy rental space.
Would suck for the renters but would put more houses on the market for sale.
1
Posted on 5/12/24 at 11:43 am to novabill
Short term, rates will fall because a recession will kick in shortly and inflation will wane because the great monetary expansion on 20-21 has had it effect and money supply has been retracting since.
Long term, housing prices will retract by 50% or so because structurally speaking, fewer people can qualify for the homes they want. And long term rates will prove resistant to declines because the fiscal situation is ominous.
I see lower housing prices, but then a long period of stagflation that may last for generations.
Long term, housing prices will retract by 50% or so because structurally speaking, fewer people can qualify for the homes they want. And long term rates will prove resistant to declines because the fiscal situation is ominous.
I see lower housing prices, but then a long period of stagflation that may last for generations.
This post was edited on 5/12/24 at 11:55 am
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