The seeds of the next housing crisis have been planted

Re:The seeds of the next housing crisis have been planted by taurath on Monday May 09, 2016 @08:48PM (#11664463)

There's a lot of pressure to buy now, which makes me think its probably not a good time to do so. Its really difficult to make any long term decisions when it might be at the top of the market.

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Re:The seeds of the next housing crisis have been planted by forgetsusername on Monday May 09, 2016 @08:55PM (#11664511)

But rates are extremely low. There is never a "right" time; there are only particular circumstances.

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Re:The seeds of the next housing crisis have been planted by ThrustVectoring on Monday May 09, 2016 @09:03PM (#11664544)

Rates being low is a bad thing for buying a house. If interest rates were higher, it'd be harder to qualify for a loan at a particular value, so the house you're interested in would be cheaper. Plus, you make money refinancing at a lower rate, and there's no room for rates to fall when they're this low.

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