Home › Forums › Housing › National Housing Article – Lowest Mortgage Demand in 13 yrs. › It’s the economy , If the
It’s the economy ,
If the economy turns down (ie.. housing experiences more than a slight downturn),
Expect more extreme measures (in proportion to the downturn),
If the economy continues to improve, the CA housing market will follow.
Very simple.
In other words, Local governments depend on rising home prices, the fed depends on local gov’s.
Take a few minutes to digest that.
