Housing prices going through the roof. It's a seller's market, but who can afford to buy?
If there weren’t people who could afford to buy, housing prices wouldn’t be going through the roof, you ignorant mumbling jackass.
The largest tractor that my company makes (over 500 HP) is sold out through December of this year. The average sales price is about $250,000 each.
Bad economy? I think NOT!
Hallelujah, someone who understands real estate prices.....if they couldn't afford to buy, the prices would be dropping. Evidently the problem is "he" couldn't afford the house he wanted so the whole market was in trouble.
Chuckles - VERY TRUE -
I just bought a house. Who can afford to buy? I can, because the interest rates are low and the bar for entry for credit is low. I can afford the payments by being just slightly more frugal.
Realistically a market correction is in order for the housing market.