3 ms·
And is it money to afford a home somewhere or where they currently reside? Is this trying to say "New Yorker millenials are too stuck up to buy a home in Nebra
by SketchySeaBeast 3y ago
And is it money to afford a home somewhere or where they currently reside? Is this trying to say "New Yorker millenials are too stuck up to buy a home in Nebraska"?
- cloverich 3y agoJust anecdotal, but we're perfectly capable of owning in the place we recently moved (Portland), but are renting because of market uncertainty. I'd rather miss out and have homes go 100 up than miss out and have them go 300 down right after purchasing. We're happy to rent for a bit and wait it out. I'd guess more generally people are playing that game purely based on borrowing rates -- if they think they'll be even a bit lower in 12 months, it might make financial sense to wait.
- JKCalhoun 3y agoI don’t see home prices coming down - ever, but that’s me. Interest rates? Good point. But I’d jump now, refinance later. I’ve been burned more often waiting than getting in too soon.