Rent influences home prices too

Nov 13, 2024
10:41:47pm

Jericho Intervention Needed

but another factor that maybe wasnt taken into account is that if these illegals are working, losing them from the workforce is also an inflationary factor...

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Jericho

Bio page: Jericho
Joined: Apr 16, 2010
Last login: Nov 14, 2024
Total posts: 100,899 (9,634 FO)

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Messages

Author

Time

Home prices are crazy. We paid $480K for our house in Daybreak in 2014

the_byu_flash

Nov 13, 10:09pm

Up. Prices aren't coming down.

Blueto

Nov 13, 10:10pm

If Trump actually expels millions of people, softening demand should lower prices

Joe Banks

Nov 13, 10:27pm

Rents. Those people are not buying homes

Big Daddy D

Nov 13, 10:38pm

Rent influences home prices too

Jericho

Nov 13, 10:41pm

There is some influence but it’s indirect rather than pure supply and demand

Big Daddy D

Nov 13, 10:47pm

Landlords need tenants. If the tenants leave and they can't find new ones a lot

misterpepper

12:09am

Also, those guys are doing the labor to build the houses. Prices will rise if

Blueto

Nov 13, 10:49pm

Their planned cuts to government would be a much greater impact.

rad dawg

Nov 13, 11:26pm

I expect inflation to pick up again substantially in the next couple years

Jericho

Nov 13, 10:11pm

Who knows, but they ain’t going back down to $480k.

Chester Copperpot

Nov 13, 10:11pm

Gotta find another state to go in and buy early.

Q-grr

Nov 13, 10:21pm

Detroit!

Plantagenet

Nov 13, 11:10pm

That’s a city. Utah graduate

BYU Grounds

5:55am

Take the money and run. There's plenty of places around the country where you could do a lot with $1.2 mil.

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