Originally Posted by
Valar Morghulis
A lot of people complaining about interest rates. 7% is close to the historical norm. The ultra low rates in the ‘10s were an anomaly due to an economy that has weakness in the fundamentals. That finally caught up to us.
Money costs money. Retail money costs more.
your boomer is showing… beach front property in Malibu was going for $50K back in the 70’s and a whopping $192K in the 80’s.
a house sold in Peach Tree City sold for $600K in 2022 and is now listed for $899K… and it’s going to be sell in no time