Prices are coming down. So more families can buy. Why are you bitching?
Homeowners need not fear. Homeowners have a place to sleep and eat. People who own their homes or have fixed rate mortgages are unaffected by a volatile market. If you didn't own a home, you'd have to pay rent somewhere. And that rent keeps skyrocketing. Those who own homes have a lot of positives going for them.
Prices are coming down because interest rates are going up; affordability is lagging when combined with inflation and reduced income in many markets.
How can families buy with interest rates double what they were?
Loan rates are going way up. Pretty much double.
That’s why people are complaining