10-10-2021, 06:07 PM
(10-09-2021, 11:26 AM)fredtoast Wrote: I would not even consider buying right now.
I know it sucks to pay rent, but it would be even worse to get locked into high "bubble level" mortgage payments for 20-30 years.
Its not really high bubble though. Sure there might be a 10% correction or so of prices if building supplies ever become available where people can build housing again at a normal rate.
This isn't like the 07-09 bubble, prices on housing wont decrease as much. If you actually play out the numbers housing prices are about where they should be had we not had the 07-09 bubble.