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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It has slowed that’s a fact. BUT I highly doubt enough to make it worth it to pay rent two or three years and then buy. Plus that your mortgage goes on another 2-3 years. However, it does mean a little less bidding wars and a bit more inventory. No need to buy that house on top of belt way. [/quote] +1. It's been humorous reading all the bitter [i]Nostradamuses[/i] on here for the last 10 years. The bubble was going to burst any minute, so they were super astute to patiently remain in their apartment or sh*tshack. lol :roll: [/quote] It has has a few slight pauses. I bought spring 2017 and crazy but when rates rose in 2018 and early 2019 it did pause a smidgeon but only in sense more inventory less bidding wars. Then it really heated up 2020. But meanwhile I knocked almost 4.5 years off my mortgage. Although I have no clue how my kids are all buying homes at 2 million each in 10-15 years [/quote] Your kids probably won’t. They’ll probably be downwardly mobile. I’m a millennial and a big chunk of my social circle are majorly downwardly mobile especially when measured against QOL. [/quote]
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