Lee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 1 year agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square4fedilinkarrow-up185cross-posted to: personalfinance@lemmy.ml
arrow-up185external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comLee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 1 year agomessage-square4fedilinkcross-posted to: personalfinance@lemmy.ml
minus-squareflatbield@beehaw.orglinkfedilinkEnglisharrow-up4·edit-21 year 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.