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re: Real Estate Market
Posted on 4/27/24 at 10:19 am to Mariner
Posted on 4/27/24 at 10:19 am to Mariner
People have to live somewhere. Rents always catch up to mortgage payments.
The glut of 2008-2010 has rebounded to an overall housing shortage still.
People are realizing that interest rates can vary and improve. The price of the house is a sunk cost. If interest rates were to magically reduce a percentage point, the demand would cause home price to increase, rapidly.
The glut of 2008-2010 has rebounded to an overall housing shortage still.
People are realizing that interest rates can vary and improve. The price of the house is a sunk cost. If interest rates were to magically reduce a percentage point, the demand would cause home price to increase, rapidly.
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