Real estate prices will fall in a high interest rate, cash poor environment. Mor... | Hacker News

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		chrisco255 on June 13, 2022 \| parent \| context \| favorite \| on: Finally, no bid on mortgage-backed securities Real estate prices will fall in a high interest rate, cash poor environment. More than most people appreciate. Since real estate is at all time highs relative to median incomes, something has to give.

test6554 on June 13, 2022 | [–]

I'm glad I held off on buying that second beach condo. A couple more months, and I might find something on sale.

nostromo on June 13, 2022 | [–]

But if you're borrowing to buy you're still hosed -- high interest rates means your mortgage is going to be much, much more expensive.

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