Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?
I have heard people say this, but why are we assuming the interest rates will come back down?
Because of their historical averages. They could stay high forever, but they probably won’t.
Historical average home prices were lower too though. Why is this different?