Lee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 11 months agoHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comexternal-linkmessage-square4fedilinkarrow-up185
arrow-up185external-linkHomes "unaffordable" in 99% of nation for average Americanwww.cbsnews.comLee Duna@lemmy.nz to Finance@beehaw.orgEnglish · 11 months agomessage-square4fedilink
minus-squareflatbield@beehaw.orglinkfedilinkEnglisharrow-up4·edit-211 months 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.