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Effective Demand
ParticipantNormally, I would regard retirement accounts as sacred. But the amount needed relative to your savings isn’t that much. You would have to calculate the opportunity cost (return you would have gotten if the money remained in the account) vs PMI cost minus deduction (PMI deduction might not apply to you due to income restriction).
Effective Demand
ParticipantNormally, I would regard retirement accounts as sacred. But the amount needed relative to your savings isn’t that much. You would have to calculate the opportunity cost (return you would have gotten if the money remained in the account) vs PMI cost minus deduction (PMI deduction might not apply to you due to income restriction).
Effective Demand
ParticipantNormally, I would regard retirement accounts as sacred. But the amount needed relative to your savings isn’t that much. You would have to calculate the opportunity cost (return you would have gotten if the money remained in the account) vs PMI cost minus deduction (PMI deduction might not apply to you due to income restriction).
Effective Demand
ParticipantNormally, I would regard retirement accounts as sacred. But the amount needed relative to your savings isn’t that much. You would have to calculate the opportunity cost (return you would have gotten if the money remained in the account) vs PMI cost minus deduction (PMI deduction might not apply to you due to income restriction).
Effective Demand
ParticipantRegarding interest rates and housing prices.
The issue is WHY rates are high or low. Rates are high because of high inflation or high growth, Rates are low because of low inflation (or deflation) or low growth. If you put high rates in a low growth scenario, it would no doubt effect housing prices, just as low rates in a high growth scenario would.
Effective Demand
ParticipantRegarding interest rates and housing prices.
The issue is WHY rates are high or low. Rates are high because of high inflation or high growth, Rates are low because of low inflation (or deflation) or low growth. If you put high rates in a low growth scenario, it would no doubt effect housing prices, just as low rates in a high growth scenario would.
Effective Demand
ParticipantRegarding interest rates and housing prices.
The issue is WHY rates are high or low. Rates are high because of high inflation or high growth, Rates are low because of low inflation (or deflation) or low growth. If you put high rates in a low growth scenario, it would no doubt effect housing prices, just as low rates in a high growth scenario would.
Effective Demand
ParticipantRegarding interest rates and housing prices.
The issue is WHY rates are high or low. Rates are high because of high inflation or high growth, Rates are low because of low inflation (or deflation) or low growth. If you put high rates in a low growth scenario, it would no doubt effect housing prices, just as low rates in a high growth scenario would.
Effective Demand
ParticipantRegarding interest rates and housing prices.
The issue is WHY rates are high or low. Rates are high because of high inflation or high growth, Rates are low because of low inflation (or deflation) or low growth. If you put high rates in a low growth scenario, it would no doubt effect housing prices, just as low rates in a high growth scenario would.
Effective Demand
Participantimho, i think the fed has won the inflation/deflation debate and that changes the purchase dynamics a lot. Tempering that thought is that we have a lot of stuff to still get through. Also i think many people on the inflation debate equate inflation with hyperinflation and i think that is a mistake (especially if they are using that fear and buying at the limits of their affordability)
Buy a house for the right reasons. its right for you and your family and you can afford it. Dont buy expecting to get rich off the house or expecting the house will protect ,you from the ills of the world.
Effective Demand
Participantimho, i think the fed has won the inflation/deflation debate and that changes the purchase dynamics a lot. Tempering that thought is that we have a lot of stuff to still get through. Also i think many people on the inflation debate equate inflation with hyperinflation and i think that is a mistake (especially if they are using that fear and buying at the limits of their affordability)
Buy a house for the right reasons. its right for you and your family and you can afford it. Dont buy expecting to get rich off the house or expecting the house will protect ,you from the ills of the world.
Effective Demand
Participantimho, i think the fed has won the inflation/deflation debate and that changes the purchase dynamics a lot. Tempering that thought is that we have a lot of stuff to still get through. Also i think many people on the inflation debate equate inflation with hyperinflation and i think that is a mistake (especially if they are using that fear and buying at the limits of their affordability)
Buy a house for the right reasons. its right for you and your family and you can afford it. Dont buy expecting to get rich off the house or expecting the house will protect ,you from the ills of the world.
Effective Demand
Participantimho, i think the fed has won the inflation/deflation debate and that changes the purchase dynamics a lot. Tempering that thought is that we have a lot of stuff to still get through. Also i think many people on the inflation debate equate inflation with hyperinflation and i think that is a mistake (especially if they are using that fear and buying at the limits of their affordability)
Buy a house for the right reasons. its right for you and your family and you can afford it. Dont buy expecting to get rich off the house or expecting the house will protect ,you from the ills of the world.
Effective Demand
Participantimho, i think the fed has won the inflation/deflation debate and that changes the purchase dynamics a lot. Tempering that thought is that we have a lot of stuff to still get through. Also i think many people on the inflation debate equate inflation with hyperinflation and i think that is a mistake (especially if they are using that fear and buying at the limits of their affordability)
Buy a house for the right reasons. its right for you and your family and you can afford it. Dont buy expecting to get rich off the house or expecting the house will protect ,you from the ills of the world.
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