wont, maybe a correction. With inflation already happened/happening, and you see raise of minimum wages and fast food minimum wage is $20, you wont see a crash like people are expecting. Salaries went up for lower class citizens, which means the homes will go up to make sure it corrects it self from being as unreachable to them as it was before the raises of their wages. PEople who suffer are the middle class, because home prices go up, lower class get rise in pay, rich get richer, but middle class dont get any benefit.
Market needs to crash. I can’t see old 900 square foot homes cost 230k that’s bananas.
wont, maybe a correction. With inflation already happened/happening, and you see raise of minimum wages and fast food minimum wage is $20, you wont see a crash like people are expecting. Salaries went up for lower class citizens, which means the homes will go up to make sure it corrects it self from being as unreachable to them as it was before the raises of their wages. PEople who suffer are the middle class, because home prices go up, lower class get rise in pay, rich get richer, but middle class dont get any benefit.
True. I laugh watching at the price history oh many homes. Bought at 450,000 in 2021-22 and priced around 550,000-600,000
If Fresno is at the 9th spot good luck owning a house
Marry the house, date the rate… bs.