3 ms·

I hear this every cycle, but people forget even if the person who bought high won't, their neighbor who bought low (maybe a long time ago) will. And a lot of p

• dont__panic 4y ago
  And dropping prices mean that someone who's been holding out over the last few years of insane price growth might finally find a home elsewhere that they can afford. As someone who was too young to climb aboard the price bubble of the last 5 years: here's hoping.
  • falcolas 4y ago
    The price would have to drop dramatically (30%, the amount the last bubble dropped, would not be enough) to get a lower monthly mortgage payment.
    • gedy 4y ago
      Your downpayment goes a lot further though.