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Mar 8, 2022
9:21:24am
johnnybyu Truly Addicted User
I think real prices adjusted for inflation will go down. I am not sure nominal
prices will decrease much if at all. The govt is going to have a hard time raising rates for fear of major recession Stagflation looks likely. I would be worried buying at current prices. I think most buyers are in long term low rates so people will be reluctant to sale. People will just stop moving and there will be few sellers. If people have maxed out Helocs and have high LTV those people may be at risk. If you have 20% plus down in your home and low rates I think rents will be higher than your mortgage payments so you have options but we will see.
This message has been modified
Originally posted on Mar 8, 2022 at 9:21:24am
Message modified by johnnybyu on Mar 8, 2022 at 9:23:21am
johnnybyu
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johnnybyu
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