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In theory, those homes should start going down in value once people start selling because you can buy less home for a $2,000 per month mortgage payment. The mar
by dehrmann 3y ago
In theory, those homes should start going down in value once people start selling because you can buy less home for a $2,000 per month mortgage payment. The market's weird right now because a lot of people with low interest rates can't afford to sell and buy something comparable.
- refulgentis 3y agoI agree: but given that, it's hard to imagine what would bend the market towards selling.
- selimthegrim 3y agoDepending on the region of the country, a lot of people with low interest rates might be handcuffed by skyrocketing insurance from finding buyers