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Real Estate
Reply to "Will houses ever become affordable again?"
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[quote=Anonymous][quote=Anonymous]I have to admit that I did not predict prices would continue to increase even with the sharp increase in mortgage rates. It makes sense that people don’t want to sell and take on a higher rate now, but I am curious if others honestly saw that coming? Unfortunately, I didn’t![/quote] Prices keep increasing because people keep buying! Everyone complains about the price of milk, fast food, cars etc but they don't stop purchasing. American today have a high tolerance for debt and don't seem willing to change their habits even in the face of sharply rising prices.[/quote]
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