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Posted on 08/08/2025 7:24:14 AM PDT by Angelino97
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These people think Atlanta’s in Alabama. I wonder what else they got wrong.
This could be a good thing? I keep hearing younger Americans are open to, even embracing communism and housing affordability is one of the motivations.
I’m confused. I thought the high cost of housing was the crisis.
“These people think Atlanta’s in Alabama. I wonder what else they got wrong.”
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Nice catch.
As soon as Trump cleans up the Fed (ie, gets rid of Powell), interest rates will fall, and home prices will climb once again. Some markets will do better, some not as well.
“I wouldn’t call it a “crisis.” Just a slight market correction.”
2014: $350k Purchase
2023: $750k Redfin
2025: $650k Redfin
Complain when home prices go up, complain when home prices go down. We’ve got this covered.
These are hardly “plunging” prices. 20 to 25% is approaching “plunging”.
Heh, yep.
Trump is wrong on that. Powell is right.
High interest rates mean less inflation and higher returns on my CDs. Both of which are very good.
“High interest rates mean less inflation and higher returns on my CDs. Both of which are very good.”
Higher interest rates suppression the economy and increase our debt.
Your short-term glee will turn as your taxes would increase.
That seems contradictory. Low interest rates encourage borrowing.
Thus, it's low interest rates that increase debt.
As for "suppression of the economy." I don't think that easy borrowing and high inflation build a strong economic foundation. Low interest makes for a brief surge of consumer borrowing and spending -- as did the COVID handouts -- but then the bill comes due.
I feel terrible for the people in Phoenix who’s home values have cratered 0.21%.
You have your selfish reasons, others have theirs.
Our neighborhood prices seem about the same. Were in Metro Atlanta. They’re sitting a little longer but the prices are stable. There’s talk of an interest rate reduction at the Sept Fed meeting. Lower rates will spur buying.
So does that mean there’s no more “housing crisis”?
We're all affected differently by inflation, interest rates, home prices, etc.
Low interest produces high inflation. You inflate your debt away.
Good catch—that is hilarious.
“That seems contradictory. Low interest rates encourage borrowing.
Thus, it’s low interest rates that increase debt.”
You are missing the big picture.
Lower interest rates mean we pay less on our national debt.
Lower interest rates spur the economy increasing revenue used to pay off our national debt.
As our economy soars and debt in reduced, wages are increased and taxes are reduced.
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