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Real estate prices will fall in a high interest rate, cash poor environment. More than most people appreciate. Since real estate is at all time highs relative t

Real estate prices will fall in a high interest rate, cash poor environment. More than most people appreciate. Since real estate is at all time highs relative to median incomes, something has to give.

test6554 4y ago
I'm glad I held off on buying that second beach condo. A couple more months, and I might find something on sale.
nostromo 4y ago
But if you're borrowing to buy you're still hosed -- high interest rates means your mortgage is going to be much, much more expensive.