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jjeffery worboys
Mitch Shoesmith
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Comments by "jjeffery worboys" (@jjefferyworboys8138) on "The Housing Market Could CRASH 24.5%!" video.
Firstly and most importantly you are buying a home and we all need somewhere to live. Historically property has proven to be an excellent investment, but must be considered as a medium to long term one. During my 40 years of property ownership I have seen periods of rapid appreciation and other times when the market has fallen, but overall I have done very well.
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@nataliam9764 For what, higher interest rates ? Be very careful, if you delay you may manage to buy a property for a little less but your cost of borrowing could easily much greater, possibly even unaffordable !
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Lots of things COULD happen, such a meaningless word.
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It is, availability of credit is just one of a myriad of factors that influence the balance of supply and demand. I don't see the supply of credit being an issue, affordability however may become more important.
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