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> Not sure how its a different issue. Wouldn't a recession have made the home prices affordable Hypothetically, once people are absolutely forced to sell or ar
by dwaite 4y ago
> Not sure how its a different issue. Wouldn't a recession have made the home prices affordable
Hypothetically, once people are absolutely forced to sell or are foreclosed on.
Any current slow or drop in home prices has mostly been because interest rates have driven monthly mortgage payments too high and reduced the pool of buyers. Otherwise inflation would be driving home prices up too.