Yup. Low interest rates helping with feeding frenzy for sure.
The risk is what happens when those new buyers owe more than the house is worth after a correction. Not as big of a deal for areas where the equity was imported to, of course.
This message has been modified
Originally posted on Apr 11, 2021 at 1:25:02pm
Message modified by Big Daddy D on Apr 11, 2021 at 1:27:56pm