Are You a Late Bloomer in Work or Love? Maybe You’re Right on Time

Re:Are You a Late Bloomer in Work or Love? Maybe You’re Righ... by sokoloff on Monday June 19, 2023 @09:55PM (#36398811)

With interest rates consistently over 7% and sometimes over 16%, a simple price chart doesn’t tell the full affordability story.

When rates fall under 4%, house prices will naturally be higher in desirable areas because a lot of buyers are buying on monthly payment, not headline purchase price. Cheaper mortgages make for more expensive houses.

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Re:Are You a Late Bloomer in Work or Love? Maybe You’re Righ... by light_hue_1 on Tuesday June 20, 2023 @12:55PM (#36406940)

You said that the size of the population determines housing cost.

Now, when I showed you this is totally wrong, beyond any doubt, you changed the story. Now it's the interest rates that determine housing cost.

This is like trying to have a discussion with an antivaxer. No matter what they say, you prove them wrong, and then they change their story, pretending like the nonsense they said before never existed.

Look up a chart of mortgage rates. You're still wrong. Bye!

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