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2,614 Views ⢠Dec 8, 2023 ⢠Click to toggle off description
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Views : 2,614
Genre: Education
Uploaded At Dec 8, 2023 ^^
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Rating : 5 (0/84 LTDR)
100.00% of the users lieked the video!!
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User score: 100.00- Masterpiece Video
RYD date created : 2023-12-09T22:50:42.758035Z
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YouTube Comments - 5 Comments
Top Comments of this video!! :3
I agree with what youâre saying about the forces that drive prices, but disagree that this is what we will see. Weâre already seeing demand (and prices) drop in several markets. Supply is steadily increasing due to buyers no longer willing to âsit on the sidelinesâ. The longer interest rates remain at current levels, the lower prices will go until things reach an equilibrium (it will take a while). The cost of building might even go down due to deflationary pressures. Another factor that will bring prices down is the increase in both insurance and taxes to own. House appreciation got way ahead of itself and will eventually adjust⌠unless, of course, our government decides to hand out a bunch of money and lower rates again. Love the content.
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UNLESS.. demand goes way down and there's actually less buyers than sellers. Than we get price drop. Otherwise it's no change big enough
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Is there no supply because the prices and interest rates are up and no one has money to buy
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Agree!
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@bilingualblondie4347
9 months ago
Excellent post. I agree. I have been trying to tell everyone this but people are funny and they want to believe what they want to believe.
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