Vacation Home Buying Fizzling. RV's too?
How many think this article from the Washington Post could be reprinted substituting "RV's and Boats" for "Vacation Homes"? Those monthly payments are going to start looking ugly when you're finding ...
Forum Discussion
way2roll wrote:
Housing prices are up because there is a shortage of homes in desirable areas. Lots of demand, no supply. We see supply and demand issues affecting literally everything right now, mostly a fallout of Covid. This is a completely different and normal part of economics and the sky is not falling. The Fed is increasing rates to help curb inflation caused by this unpredicted supply and demand issue. Not to mention they haven't raised rates in a very long time. It's not doom and gloom.
I wonder what $11.00 2X6X93-5/8" studs and $37.00 sheets of 7/16" OSB have to do with it LOL. I never knew how much I enjoyed the Lowe's Saturday special every once in awhile with the $4.97 7/16" OSB.
I look at it all using other barometers however, such as my fertilizer costs, some of which are up over 400% which is unprecedented, it's new territory and its gotten / going to get ugly. I won't get started on diesel / fuel prices. The sky fell over a year ago and you're walking on it, it is soon going to crack. You can not eat your house.
