Talk of The Villages Florida - View Single Post - When Fed lowers rates... house prices increase?
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Old Yesterday, 09:43 AM
jimhoward jimhoward is offline
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Quote:
Originally Posted by kkingston57 View Post
1/2 of the problem is the rates. Homes are still out of reach for some home buyers. Watched an old All in the Family show and Archie could live in a small home and was making $5.50 an hour
Homes have always been out of reach for some buyers. The home ownership rate in the US, while down from its peak a few years ago, is slightly higher now than it was in the 1970s. But, the variation is small. It has hovered around 65% for the past 50 years.