The Investment Thread

B4YOU said

Mortgage rate hit 6.3%. Give it 2-3 months and we see some markets with -5% to -10% home values.

https://fortune.com/2022/06/15/mort...real-cost-to-buy-a-home-jumps-50-percent/amp/

Click to expand...

Yeah, it's coming. Here in my neck of woods a detached SFH is $1.2 to $2 million. They're not gonna sell when the monthly note is approaching $10k per month.