Viewing a single comment thread. View all comments

theineffablebob t1_jaac8xu wrote

This is a major sign that inflation is still roaring

25

bearofwsb t1_jaafsyg wrote

It’s probably the stock market rally that triggered this. I personally know three people who were waiting for their stocks to come back to their cost basis, before making the move. Those stocks positions could be liquidated to afford the down payment and a couple years of difference between monthly payments and paycheck.

19

SteamCleaner23 t1_jaatc6w wrote

Pay still the same but somehow we all can afford higher priced homes than 3 years ago and double the interest rates while a Big Mac meal now goes for $16. Something going to give.

10