"Price gains have slowed." So you're upset that inflation in housing costs have slowed.
#Madness.
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The article says "and yet" as if the two facts are opposed. Rising prices is exactly what I would expect to weaken home sales. Sales get weak enough prices will come down.
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Prices for homes is the only area I can think of where crushing inflation is considered a good thing.....Right up to the moment said inflation crushes the market.
End of conversation
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There hasn't been any USDA mortgages originated since the Orange Moron .
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44% inflation rate in housing in 6 years and you can't quite figure out why fewer are able to afford to purchase a home.
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No kidding!
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Texas is right behind NJ. Our prop taxes are only .05 less than NJ and Texans must factor this in when purchasing a home. Most of the tax burden here is on the homeowners. BTW, cute Cavalier King Charles Spaniel!
End of conversation
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Not just the interest rate. In San Diego for example a decent house in a good neighborhood is 800-900k minimum
End of conversation
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