“It’s likely going to be just as difficult to buy next year as it is this year,” Redfin’s top economist warns, with steep prices and mortgage rates keeping young buyers on the sidelines.
  • 0x01@lemmy.ml
    8·
    2 days ago

    If interest rates go down prices will come up, there’s no world where house prices go down without massive economic pain for everyone.

    A depression would bring house prices down, but then nobody could afford them, especially not those who don’t have the capital already.