Homes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkcross-posted to: personalfinance@lemmy.ml Lee Duna ( @throws_lemy@lemmy.nz ) FinanceEnglish • 1 year ago message-square4fedilinkarrow-up185
arrow-up185external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.com Lee Duna ( @throws_lemy@lemmy.nz ) FinanceEnglish • 1 year ago message-square4fedilinkcross-posted to: personalfinance@lemmy.ml
minus-square flatbield ( @furrowsofar@beehaw.org ) linkfedilinkEnglish4•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.