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Will there be a housing market crash?
submitted 8 months ago by trident765 from self.investing
I need to decide soon if I should buy a house.
[–]fschmidt 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 8 months ago (0 children)
If you can get a fixed rate mortgage then buy because the dollar will devalue.
[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 8 months ago (0 children)
Just make sure you buy for a good price not just the supposed market rate.
If you pay what a house is worth to you the market price won't ever matter.
Work out what you would have to pay in rent and fees for 25 years and compare to the cost of buying plus maintenance.