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Re: KeepOn post# 473

Sunday, 04/30/2023 12:53:14 PM

Sunday, April 30, 2023 12:53:14 PM

Post# of 513
The only thing holding up the price of homes is lack of supply as many current home owners who would like to move up or change locations are not willing to give up mortgages that would now come in at a 2X higher rate. For home prices to move up in a meaningful way, interest rates will have to come down. If there's a recession that may happen by the end of the year.

If all the economists in the world were laid end to end, it wouldn't be a bad thing - Peter Lynch

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