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What young adults are waiting for is a housing bust, a generational dip, a once in a lifetime buying opportunity to get on the housing ladder at a fair price.
by ipnon 5y ago
What young adults are waiting for is a housing bust, a generational dip, a once in a lifetime buying opportunity to get on the housing ladder at a fair price.
- ryan93 5y agoSame thing
- x3sphere 5y agoYeah it's unlikely to happen though. The conditions of this housing boom are nothing like the last one. Mortgage requirements much more stringent. Additionally, monetary policy in the US is responsible for inflating assets and they are showing no intention to raise rates in any significant way. Maybe prices cool off a bit when they eventually start to raise rates but I expect there will be no bust. These prices are the new normal.