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Real Estate
Reply to "Anybody else extremely depressed over real estate?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If bank CDs pay 5 percent and Real Estate stays flat next 4-7 years it makes it easy to save up a large downpayment in a risk free safe investment. Now if they raise rates more and we have six percent CDs and six per by treasuries and 6 percent muni bonds and 5 percent money markets and home prices stay flat super easy to save up safely Home prices do not need to rise at all next 5-10 years as long as price is stable will be very little defaults on mortgage loans Home prices don’t need to fall as long as people safely can earn 4-6 percent on down payment fund. [/quote] My kid’s childhood will be over by then.[/quote] What’s your point? I bought my forever home when my oldest was 18. That’s life. [/quote]
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