It doesn’t matter if they cut interest rates when existing and new homes are over priced. You can cut rates all you want, create programs to help people buy a home but they will not be able to to keep the home when homeowners insurance continues to go up every year along with auto insurance, property tax, food, gasoline and utilities. You are setting most people up for failure because most people can’t make enough money even with multiple jobs to keep up with all the monetary increases to survive!
Duh! If you have a real low interest rate and everything out there is over priced and expensive, why in the world would you give up something you can afford to buy something you will enviably lose to foreclosure or short selling!
The Major problem is not location location and location it's income rental property s and is no shortage just extreme lack of rent control the is causing the problem what go up always goes down it's not a housing shortage or crisis it's the rental income crisis
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time.
Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
Let me give you the real answer: It will raise the price of homes.
There you go.
Rents aren't going down with fire ins going up. If you cant get insurance you cant get the loan.
people cant buy homes cuz insurance is off the chart. not to mention property taxes
People cant buy homes cuz the US guv keeps printing money creating inflation. The more they print the less buying power.
It doesn’t matter if they cut interest rates when existing and new homes are over priced. You can cut rates all you want, create programs to help people buy a home but they will not be able to to keep the home when homeowners insurance continues to go up every year along with auto insurance, property tax, food, gasoline and utilities.
You are setting most people up for failure because most people can’t make enough money even with multiple jobs to keep up with all the monetary increases to survive!
Duh! If you have a real low interest rate and everything out there is over priced and expensive, why in the world would you give up something you can afford to buy something you will enviably lose to foreclosure or short selling!
I’m not moving. I’ll stick with my 3% mortgage rate
The Major problem is not location location and location it's income rental property s and is no shortage just extreme lack of rent control the is causing the problem what go up always goes down it's not a housing shortage or crisis it's the rental income crisis
Mass migrants have first dibbs , they have magic money cards
Rate cuts increase inflation and national debt as they did before
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time.
Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation
That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
What play to get votes dems