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re: Housing prices are alarming

Posted on 6/10/19 at 8:04 am to
Posted by tigahbruh
Louisiana
Member since Jun 2014
2858 posts
Posted on 6/10/19 at 8:04 am to
quote:

How do you think prices would look on a supply and demand curve without credit added to the equation?


Physically, houses would be awful and few would own them. Thank God that capitalism and decentralized government have allowed for financial innovation and have drastically driven the quality if life up for the majority of Americans.
Leave my healthy home values alone. Build credit, save for a down, and get a mortgage or go buy a shack in the Mississippi woods for cash. Either way, enjoy.
If you're suggesting that the government step in and control prices, I have a suggestion on where you can stick that idea. Hint: the sun doesn't shine there.
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