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Anyone who's invested in real estate doesn't want home prices to go down, but it seems a necessity considering how affordability has been decreasing. I would th
by mrinterweb 1y ago
Anyone who's invested in real estate doesn't want home prices to go down, but it seems a necessity considering how affordability has been decreasing. I would think a buyer market can only sustain so much. If a recession is caused by tariffs, AI taking jobs, war, etc; the real estate market seems to be in a precarious enough position to be affected.
- jaxtracks 1y agoWell, inflation can always solve affordability if prices stagnate. This is what made the 90s a great time to buy, right? We're pretty far behind the ball though, I think it'd be like 20 years for us to get back to that level of affordability at current nominal interest rates.
- onlyrealcuzzo 1y ago> the real estate market seems to be in a precarious enough position to be affected. In real terms, yes. In nominal terms, no. The dollar will get tanked, so that asset prices fall much less than they otherwise would.