Welp. Interest rates are staying steady (at least) until the next announcement in October.

I don’t feel like inflation has decreased. Housing is still exorbitant. But there haven’t been mass layoffs, so we’ve got that going for us.

    • sbv@sh.itjust.worksOPEnglish
      3·
      1 year ago

      In fairness, that is happening because people are afraid to buy houses right now.

      A lot of people have been priced out of home ownership. Even if they could qualify for a loan, there isn’t housing available at reasonable prices in a number of major metros.

        • Pyr_Pressure
          1·
          1 year ago

          If I were to buy a house somewhere and rent it out, the rent would cover the mortgage not my own rent to live somewhere else.