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Why Housing Is Likely To Get Cheaper
Why housing is likely to get cheaper
Some office buildings are selling for 25% of what they sold for 8 to 10 years ago. The Japanese stock market had a huge drop. The US stocks had a pullback and are still overvalued based on price of the stock compared to earnings. While the FOMC held their target interest rate the same, home mortgage rates dropped. This may lower values & increase supply. Yes, I said lower rates MAY LOWER HOUSING VALUES! Listen to the show to find out how.
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The skinny
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