Mortgage rates could go higher after exceeding 7%, while home prices are already near record highs.
    • The_v@lemmy.world
      0·
      1 month ago

      There was a brief period from late 2008-2010 where housing prices dropped to where they were only slightly unaffordable for a 2 income family.

      A foreclosed on place that was trashed inside from renters and copper thieves was almost a possibility.