It’s been impossible to find a reasonably priced home or condo. People are afraid that if they move they will be stuck renting, and today that sure is expensive.
The only new houses being made sell for at least a million, minimum. And this is in one of the least expensive markets in the country.
The only thing the Fed has done right is to begin to raise interest rates.
You cannot have 0% rates without inflation.
There’s too many buys with fewer homes…by design. You’ll own nothing and be happy.