Quote:
Originally Posted by 4444
i have to say, right now is historically such a bad time to buy, i still can't believe people are so blind to it, but hey, not my concern when they lose their shirts and are stuck paying for a house, losing mobillity, freedom, and wealth... our parents really fucked us over on this one - things are WAY riskier at 3% interest than they ever were at 21% interest rates
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why do you say our parents fucked us over?
on another note - the banker that helps my family bumped in to my wife and she mentioned that what she's noticing (i guess from clients since she does mortgages too at the bank) is that pricing for old homes are not increasing while pricing for new homes are.
any truth or comments on that? if so, any ideas as to what is the driving force behind that?