#literallybecauseeconispolitics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #literallybecauseeconispolitics, aggregated by home.social.
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I don't know. It's a pretty bold move for Realtor.com to say it's a "buyers market" because interest rates are down. No. A buyer's market would involve overturning the extraordinary overvaluation of property / housing that we've seen to at least 2019 levels. And I still hold that in many regions of the U.S., the housing prices were artificially inflated for more than 20 years prior to that 2019.
However, I'll grant that if wages hadn't been artificially stagnated since the late 70s, then the 1999 housing prices (if they remained the same) may not have been (relatively) inflated.
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I don't know. It's a pretty bold move for Realtor.com to say it's a "buyers market" because interest rates are down. No. A buyer's market would involve overturning the extraordinary overvaluation of property / housing that we've seen to at least 2019 levels. And I still hold that in many regions of the U.S., the housing prices were artificially inflated for more than 20 years prior to that 2019.
However, I'll grant that if wages hadn't been artificially stagnated since the late 70s, then the 1999 housing prices (if they remained the same) may not have been (relatively) inflated.
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I don't know. It's a pretty bold move for Realtor.com to say it's a "buyers market" because interest rates are down. No. A buyer's market would involve overturning the extraordinary overvaluation of property / housing that we've seen to at least 2019 levels. And I still hold that in many regions of the U.S., the housing prices were artificially inflated for more than 20 years prior to that 2019.
However, I'll grant that if wages hadn't been artificially stagnated since the late 70s, then the 1999 housing prices (if they remained the same) may not have been (relatively) inflated.
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I don't know. It's a pretty bold move for Realtor.com to say it's a "buyers market" because interest rates are down. No. A buyer's market would involve overturning the extraordinary overvaluation of property / housing that we've seen to at least 2019 levels. And I still hold that in many regions of the U.S., the housing prices were artificially inflated for more than 20 years prior to that 2019.
However, I'll grant that if wages hadn't been artificially stagnated since the late 70s, then the 1999 housing prices (if they remained the same) may not have been (relatively) inflated.
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I don't know. It's a pretty bold move for Realtor.com to say it's a "buyers market" because interest rates are down. No. A buyer's market would involve overturning the extraordinary overvaluation of property / housing that we've seen to at least 2019 levels. And I still hold that in many regions of the U.S., the housing prices were artificially inflated for more than 20 years prior to that 2019.
However, I'll grant that if wages hadn't been artificially stagnated since the late 70s, then the 1999 housing prices (if they remained the same) may not have been (relatively) inflated.