Lee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 2 years agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square4fedilinkarrow-up185arrow-down10cross-posted to: [email protected]
arrow-up185arrow-down1external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comLee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 2 years agomessage-square4fedilinkcross-posted to: [email protected]
minus-squareflatbield@beehaw.orglinkfedilinkEnglisharrow-up4·edit-22 years agoI would not assume a few years of this means that it will never change. Housing prices and especially interest rates were unusually favorable since the 90s for decades. High interest rates do not tend to last forever.
I would not assume a few years of this means that it will never change. Housing prices and especially interest rates were unusually favorable since the 90s for decades. High interest rates do not tend to last forever.