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Comments by "none none" (@nonenone1534) on "CoreLogic Homes OVERVALUED Rent Skyrocketing!" video.
Great video!! My belief is high rent prices are the real sticking point for the Fed more so than home prices. Either way, sheltering costs are at an all time high because of the pandemic and they must come down before families end up HOMELESS!! The pace of the Fed selling MBS off balance sheet is the real driver. Sheltering costs must come down or these politicians will be voted out. There are more people currently priced out of the housing/rental market than priced in. Rates continued upward trend on Friday. Rates will continue going up until something breaks!!
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gents - homes just increased 40-50% in 2 years. Historical data shows homes increasing with the rate of inflation. You are witnessing the unwinding of the largest bond bubble in history. Please research money and banking. DTIs will not qualify. Rates goes up and affordability goes down. Simple math. %80 of housing market is mortgaged. These are the facts. Those under contract are backing out now. It will take 3 months for higher rates to be absorbed into the economy!! It doesn’t happen over night
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it’s been over a decade of QE and low interest rates. 14 years to be exact. No one gets it
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If rates go to %8.00 any time soon you will see an epic crash !! It’s simple math
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more like %6.00 by year end
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Agreed!!
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@realestatemindset how can I share more data with you ?
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