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Real Estate
Reply to "Will the BBB have any impact on the housing market?"
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[quote=Anonymous][quote=Anonymous]Home prices will continue to rise above inflation because of supply demand imbalance, although at the low end maybe not as much because so many fewer illegals? Rates will remain high so get used to spending [b]50% of income on housing.[/b] On the bright side the 1% will do VERY well so we can all get second jobs fanning them with palm leaves.[/quote] You can't get approved for a mortgage if you are spending 50% of your income on housing. Tell us a mortgage lender that takes that kind of risk I'm curious.[/quote]
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