4 ms·
So how’s it different now? Housing prices have gone up almost $200,000 in some areas.
by blackrock 6y ago
So how’s it different now?
Housing prices have gone up almost $200,000 in some areas.
- betterunix2 6y agoHousing prices have gone up in response to demand, which spiked because of the pandemic -- in other words, new information entered the system (a pandemic can turn a desirable city into an undesirable place to live) and the market worked exactly as it should. It may be that suburban housing is more valuable because we are going to be dealing with pandemic-related messes for many years.
- csharptwdec19 6y agoOne big difference is NINJA loans aren't really a thing on mortgages any more. [0] [0] - https://en.wikipedia.org/wiki/No_income,_no_asset https://en.wikipedia.org/wiki/No_income,_no_asset