[quote=The-Shoveler]IMO Going from mortgages in the 2’s to mortgages in the 6’s is going to do some economic damage.
IMO I guess we will see if my theory that TPTB will not allow a recession longer than a few months is correct.[/quote]
I would agree with that. I think we’ll see a slowdown for sure.
Can’t wait… More rentals and cashflow possible…I’m hoping that there will be enough correction that if my kid goes to an out of state college, housing wherever my kid goes to will be much cheaper than now.
3% cash out refinance now looks pretty sweet lol…
That said, I don’t think it fixes the supply chain issues.
I think credit card companies are going to have a field day.
