HOUSE PRICES: IT IS 2022 NOW AND HOUSE PRICES
HOUSE PRICES HAVE ONCE AGAIN REACHED THE RATIO WITH EARNINGS
WHICH THEY WERE AT IN 1990.INTEREST RATES WERE TEN TIMES AS HIGH AS THEY ARE RIGHT NOW.
Postscript:
Interest rates have doubled, the interest rates, by comparison, in 1990, were now only five times as high as they are now. Interest was up to 23%+from 1984 on for a long time and it was down at 2.17% in June of 2022 when I wrote this Post.
THE RATIO OF HOUSE PRICES TO EARNINGS IS STILL THE SAME HIGHEST EVER RATIO JUST LIKE IN 1990.
MY EX WIFE WANTED THINGS FOR HER WHEN THEY WERE VERY EXPENSIVE AND IT WAS NOT THE TIME TO BUY AND CERTAINLY NOT TIME TO BORROW.
| 11:00 AM (15 minutes ago) | |||
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