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Re:Ask HN: What are idling first-time home buyers doing? by llampx on Tuesday February 01, 2022 @09:50AM (#30163171)
Yep, it is definitely not encouraging. If there is a deflation event that I am looking for, it also won't be easy to get a loan to actually buy a cheap property and it'll be hard to keep a job to pay the mortgage. But what can you do as someone who doesn't have the capital already and believes we are closer to a top than to a bottom.
Re:Ask HN: What are idling first-time home buyers doing? by odonnellryan on Tuesday February 01, 2022 @10:11AM (#30163479)
Yeah. Buying a home has been considered an investment by many, and they expect the value of their home to increase.