So is the housing market ever going to stop being stupid? In 2024? In 3 years? 5 years?
Eventually renting an apartment will be as expensive as owning a home.
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@annamuneca
Hope so. There has been a concerted effort to keep home ownership for profiteering, but seeing some kickback finally. Like healthcare, housing was being used to create a captive source of capital.
Senator Merkley introduces legislation to ban hedge fund ownership of residential housing | Top Stories | kdrv.com
https://www.kdrv.com/news/top-stories/senator-merkley-introduces-legislation-to-ban-hedge-fund-ownership-of-residential-housing/article_1f2ae14e-7419-11ed-b8f4-0330a2181ac7.html
@damselfly59 that would be helpful. In just 3 years most home prices around here have gone up $60k-$100k. I guess it gives us time to save for a down payment but frustrating all the same.