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Reply to "Will houses ever become affordable again?"
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[quote=Anonymous][quote=Anonymous]I’ll be the naysayer who believes prices will become more affordable. See the WSJ article today on the cost of homeownership. Taxes and insurance keep rising at a rate that will push many homeowners to sell. This, coupled with the Boomers moving out, will result in a softening of the market. I have no idea if prices will actually decrease or just stop increasing nor do I predict when this will happen.[/quote] The population keeps increasing. Historically, has property decreased in value? No. Look at Europe - most people live in high rises. That will be the trend here and SFH will be luxuries.[/quote]
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