Keep an eye on mortgage application requirements assuming you're not sitting on a pile of cash. The requirements might get real tight for long enough so Block Rock can take what they want first.
They're increasing the interest rate soon. Increased interest rates mean fewer people can afford to buy, meaning demand goes down, meaning prices go down.
This is offset by Blackrock and Vanguard buying up houses. They don’t care about the money, they want to own everything so people can’t own but have to rent from them.
Housing is fucked. It needs to crash hard!
Will that mean I’ll be able to afford a house soon?
Can u pay it off in 13 to 26 weeks then pay the tax.
Keep an eye on mortgage application requirements assuming you're not sitting on a pile of cash. The requirements might get real tight for long enough so Block Rock can take what they want first.
They're increasing the interest rate soon. Increased interest rates mean fewer people can afford to buy, meaning demand goes down, meaning prices go down.
Theoretically
People buy what payment they can afford. +1% interest rate ~= -10% home value.
This is offset by Blackrock and Vanguard buying up houses. They don’t care about the money, they want to own everything so people can’t own but have to rent from them.