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A comment on 'The worst is yet to come' for the global economy, IMF warns. Parent comment

Re:'The worst is yet to come' for the global economy, IMF warns by kioleanu on Wednesday October 12, 2022 @07:23AM (#33175367)
Yes but that is almost universally true. Buying now is better than buying in 10 years and buying in 10 years is better than buying in 20 years.

I meant the people licking their lips because the prices may drop now, or who specifically waited to buy because the prices will drop

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Re:'The worst is yet to come' for the global economy, IMF warns by benj111 on Wednesday October 12, 2022 @09:17AM (#33176493)
Not necessarily. If you're expecting house prices to fall in the short term and interest rates to rise, it's better to wait.

I for example wouldn't be jumping in just yet into the UK housing market. Plus renting can be cheaper than buying, in that case it isn't worth jumping into the market either.

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