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re: Thoughts on home values - Will they ever drop back to the values 5-10 years ago?
Posted on 5/15/19 at 5:05 pm to HailToTheChiz
Posted on 5/15/19 at 5:05 pm to HailToTheChiz
The next recession will grind the housing market to a halt. Value will fall, it is all cyclical.
Whether we see a drop down to 2009 levels I don't think so, not across the board. But there will be a dip.
Whether we see a drop down to 2009 levels I don't think so, not across the board. But there will be a dip.
1
Posted on 5/15/19 at 5:58 pm to deeprig9
As another poster said, when interest rates rise then housing market will soften. It’s just a fact of supply and demand and we have lived in low interest rate environments for a decade now.
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