My house has gone up in value more than my mortgage payment, every month since I bought it. I got it when interest rates were near historical lows, and they have since sky rocketed at a higher pace than ever before, yet the value of the home keeps rising. When rates go low again, the house value will likely shoot up at an even higher pace. The reason this happens is scarcity. We don't have enough houses to meet the demands of the state. We need to ramp up building houses to put downward pressure on the market. That makes homes more affordable
My house has gone up in value more than my mortgage payment, every month since I bought it. I got it when interest rates were near historical lows, and they have since sky rocketed at a higher pace than ever before, yet the value of the home keeps rising. When rates go low again, the house value will likely shoot up at an even higher pace.
The reason this happens is scarcity. We don't have enough houses to meet the demands of the state. We need to ramp up building houses to put downward pressure on the market. That makes homes more affordable
BUT NO ONE HAS THE MONEY TO BUY IT
Did I hear that Princeton is affordable?
That was ridiculous. She doesn't understand NJ
Senator Singleton!!! NJ needs him as Governor!!!