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Joe Swanson
California Insider
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Comments by "Joe Swanson" (@joeswanson733) on "" video.
reason why the real estate prices long term will not go down is because the population numbers keep going up if we have shrinking population than yes prices will go down. outside of foreign institutional intervention. the us birth rate is already below replacement if we did not allow for the immigration we have now than yes our real estate prices would slowly but surely go down again.
6
apparently i read that back in the 1980s you could actually sub into someone elses mortgage at a lower rate from before if they're selling the house to you and it still had a mortgage. that's probably the reason why you could find someone that had such a ridiculously low mortgage rate for that time period.
3
@phoebeintheforest is that still allowed these days?
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