Buying Conditions For Housing Drops To 21, All-time Low

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by confoundedinterest17

Harris has released her “vision” for the US economy, but it is what you would expect. $25k subsidy for first-time homebuyers which will make housing even MORE expensive. According the University of Michigan consumer survey, buying conditions for housing has already plummeted to 21, the lowest in history.

Cause? Already high housing prices and relatively high mortgage rates.

See also  During the 2008 housing crisis banks were throwing loans around like confetti…now instead of home loans it’s auto loans.

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