Name:	MrHodja -	Reply
Subject:	housing
Date:	6/10/2022 4:40:03 PM

Plus the cost of building materials - when the builders can get them and the tanking of the stock market...it ain't pretty.  Glad we downsized when we did.  

Name:	Talullahhound -	Reply
Subject:	housing
Date:	6/10/2022 7:04:38 PM

It's just a matter of time.  I was just reading that the housing bubble is going to burst a la 2008.  People that have cash will make it a buyers market.

Name:	wix -	Reply
Subject:	housing
Date:	6/10/2022 9:01:57 PM

We had a job change move in 1982, and we had to build a new home.  Dimokrap Jimmie Carter, Pres. Had just been thrown out.  Mortgage rate was 15%!!  House was built in 10 weeks, because no other construction was happening….call a sub….he showed up in a couple of hours.  By the   time home loan closed the rate had dropped all the way down to 12%!!  Jimmy Carter is ten times as smart as IDIOT Biden, and our economy is much worse than in 1982.  Just wait…..

Name:	Talullahhound -	Reply
Subject:	housing
Date:	6/11/2022 10:00:35 AM

Bought our first house in 1981.  They wouldn't lock in the interest rate until the day we closed.  15 1/2%.  The next day it was at 16 1/2.