No it won’t. Any dip in price that occurs won’t be big enough to be a “hit”, and it certainly won’t be because of student loans of all things. It’s just the ebb and flow of the market.
The housing market is about to take a hit as student loan payments restart
11–20 of 71 posts
Re: The housing market is about to take a hit as student loan payments restart
#12It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
It only takes a small nudge in the economy to force a lot of real estate back on to the market. A small uptick in unemployment could force the number of homes on the market to double or triple in certain areas.
Re: The housing market is about to take a hit as student loan payments restart
#13It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
If the problem is, as you say, "less supply" that means that it's mostly a local problem requiring primarily local fixes. "economists, policymakers and even the fed" aren't local actors.
Re: The housing market is about to take a hit as student loan payments restart
#14It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
Can you make some money with that bet?
Re: The housing market is about to take a hit as student loan payments restart
#15It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
90% of mortgages may be locked in under 3%, but no one who has payed off their home is going to sell that and wind up financing another house with interest rates where they are at.
Re: The housing market is about to take a hit as student loan payments restart
#16It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
housing is NOT a market.
Re: The housing market is about to take a hit as student loan payments restart
#17It’s so ridiculous that economists, policymakers and even the fed is so out of touch with the reality of the market. The housing market highs are a result of less supply and not high demand. 90% of mortgages are locked in under 3% rates which ensures the lack of supply will continue in this high interest market, and in some sense even make it worse. A very low percentage of people will be so stretched with student pa…
90% of mortgages may be locked in under 3%, but no one who has payed off their home is going to sell that and wind up financing another house with interest rates where they are at.
Interest rates are not that high currently. Sheesh you give people a taste of 2.5% and they act like 7% is usury.
Re: The housing market is about to take a hit as student loan payments restart
#18> 58% of economists polled in a recent survey say the resumption of payments will have a significant impact on mortgage affordability. A coin-flip of soft-scientists polled in a recent survey say...
As if what's going to happen depends on the ensemble average of predictors. Tell me why the lone economist predicts that there will be (and there will) an economic crash not how many
Polling an ensemble of experts is much better than asking a single one, and there are some that vote 'not sure' or similar in those polls so it's hardly a coin flip.
Re: The housing market is about to take a hit as student loan payments restart
#19People paying off student loans probably can’t afford houses anyway different demographics.
There are many doctors, lawyers, therapists, etc who are juggling mortgages or wanting to buy a house, and loan payments. Your point isn’t mute though
Re: The housing market is about to take a hit as student loan payments restart
#20Earlier quoted context omitted.
90% of mortgages may be locked in under 3%, but no one who has payed off their home is going to sell that and wind up financing another house with interest rates where they are at.
Interest rates are not that high currently. Sheesh you give people a taste of 2.5% and they act like 7% is usury.
Just like 7% inflation isn’t that bad because it could be a whole lot worse?