Hacker News new | ask | show | jobs
by jorblumesea 1185 days ago
> 2017 home prices are unsustainable!

> 2019 it has to crash sometime

> 2022 ok now is the time for home prices to call

> 2027 it must crash!

The reality is that home prices are buoyed by a number of systemic factors that cause supply to be constrained. Prices will go down in total value due to interest rate rises. Homes will not be more affordable.

1 comments

> Prices will go down in total value due to interest rate rises.

As somebody with the cash, I'd settle for even seeing this much. So far it's been high interest rates with the same high prices (in much if the Northeast).