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I didn’t realize that I am only “allowed” to make comments with a short time horizon. Anyway, I wasn’t trying to give investment advice or make a concrete pred
by BadCookie 3y ago
I didn’t realize that I am only “allowed” to make comments with a short time horizon.
Anyway, I wasn’t trying to give investment advice or make a concrete prediction. I’ve just seen a lot of people say that prices will never go down … and that’s what I question given demographics. There are several widows living in large houses alone in my immediate neighborhood, so just anecdotally, it seems like that situation has to change eventually.
I think we’re actually in agreement that prices probably won’t tank any time soon—although if rates stay high enough for long enough and people simply can’t afford the payments, then something has to give. (It could be that wages will go up and we’ll have a bunch more inflation, though.)