SusanB
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- Joined
- Dec 28, 2021
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The house down the street from me sold in one day for $875,000. And it's a tiny dump. Probably built in the 60's with single wall construction and no improvements other than a new coat of paint. It just sold last Sunday.Looks like my prediction is right. Inflation is up again even though the interest rates have been the same for a while. They refuse to make the interest rate go up because it wouldn't do well for the corrupt Biden administration. If Trump gets in office again, they are going to blame him for interest rates going up and dumb people will believe that.
At this point I pretty much gave up on the idea of owning a house. You have to be making at least $80,000 per year to be able to afford a mortgage along with high insurance rates and high taxes.