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Reply to "Why do expert say: Buckle in for a brutal free-fall in home prices - Housing Bubble"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think I agree with PP—I think inventory will be very tight because no one is going to move until they really have to. Lots of people with shaky marriages will stay out rather than give up that sweet sweet interest rate! I don’t wonder if we will see a sharp increase in renters in SFH areas and/or people converting houses to duplexes. Both of those were really common pre-Ww2 when it was much tougher to get mortgages. That’s what my grandparents did. That sort of system makes a lot of sense in this sort of market I think.[/quote] Boston area is full of houses like that chopped up into condos. It’s so yuck.[/quote] Yup. Affordable housing is so yuck.[/quote]
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