Quote:
Originally Posted by Robbb
I just read online the stock market decline this year has taken 17 trillion out of the economy, in addition todays 30 year mortgage rate is 7.5%+ yet dozens of new homes are being sold every day in the Villages. I am financially very secure but no way am I going to drop 500K on a house in this market. I just don't get it.
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Buying houses is about the best way to offset inflation. Houses benefit from inflation were I have zero control of the stock market.