Quote:
Originally Posted by jimjamuser
I would recommend renting for at least 6 months because it is easy to get caught up in the "golly, gee whiz The Villages is wonderful" mentality. Also, interest rates may (?) go back down after the trucking and other supply issues go away. And economies and real estate values are cyclic, there could be a correction. Take your time and study the situation.
|
I agree about renting. However, no way they are going to find a rental until at least April, maybe May.
However, your take on interest rates is wrong. In a year they will at least 1% higher, and I am guessing worse than that. Inflation has taken hold. Believe me, I am a supply chain manager, and every day is a new price increase - raw materials, labor, and transporation are all going up, and not slowing down. This is what happens when you increase the money supply by 40% in 18 months and keep sending people money for free.