Talk of The Villages Florida - View Single Post - I don't mean to beat a dead horse, but are these prices of used homes for real.
Thread: I don't mean to beat a dead horse, but are these prices of used homes for real.
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Old 02-12-2022, 02:54 PM
manaboutown manaboutown is offline
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Originally Posted by Stu from NYC View Post
You could well be right but at some point interest rates have to go up and that will not be a good thing for the real estate market. Besides no asset goes up forever without a correction at some point.
The prime rate reached 21.5% on December 19, 1980. The rate of inflation is currently the highest it has been in 40 years and it is just getting started. Who know what the future holds.
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Last edited by manaboutown; 02-12-2022 at 03:00 PM.