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Is it possible to have stable housing prices when mortgages are available at a rate markedly below inflation?
by QuadmasterXLII 5y ago
Is it possible to have stable housing prices when mortgages are available at a rate markedly below inflation?
- aaomidi 5y agoI mean it's also that construction is hard and expensive. I want to build, I don't even know where to start and I don't have a super elastic budget. Oh, and mortgages for construction are so much worse. We really need to encourage people to build by having a streamlined process.
- QuadmasterXLII 5y agoI bought a house last year. I wanted to build, but after investigating all my options, building even a 900 square foot hut was going to cost more than buying a 1500 square foot house, I couldn't justify it.