Don't Get Your Hopes Up For A Housing Market Crash...
发布时间 2022-06-27 23:48:40 来源
摘要
Housing prices have gone up ludicrous amounts over the past two years which is not that surprising given extremely low-interest rates and unprecedented amounts of money printing. However, with the fed starting to hike interest rates and markets cooling off, many people have been hopeful that housing prices will finally come back down to reasonable levels. But, the truth is, while the housing market will likely soften with rising rates, a full-on crash or return to pre-pandemic levels doesn’t seem likely for multiple reasons. First of all, real estate is one of the most trusted forms of protection against high inflation. So, as long as inflation persists, it’s likely that people will continue bidding up prices. In the 1970s, for example, the median house price nearly tripled despite there being multiple recessions, stock market crashes, and interest rates being hiked to 20%. Not to mention, most homebuyers today are more qualified than ever before or are buying with cash which means that there is no fundamental crisis. This video explains the top reasons that the housing market will not crash and why you shouldn’t get your hopes up for one anytime soon.
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Timestamps:
0:00 - Housing Market
1:19 - Inflationary Times
4:17 - Rising Mortgage Rates
7:10 - No Fundamental Crisis
9:38 - The Truth About A Housing Collapse
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