Comments 1 - 2 of 2 Search these comments
Home prices have to come down one way or another. I fear that if the economy starts to move forward more solidly, such as with increased personal incomes and then consumption, then the Federal Reserve will begin to tighten interest rate levels to stave off inflation. That keeps buyers out of the market simply because the increased interest rates will mean higher costs. But, at least - theoretically - home prices will come down.
Charts showing housing prices. Author mention San Francisco and says it's an outlier.