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In Which Meta Un-Cancels LGF

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silverdolphin4/08/2024 12:44:17 am PDT

re: #172 Love-Child of Cassandra and Sisyphus

Most of that is due to mortgage interest rates.

However, there is a real price escalation also.

I’ve posted here many times the real estate data for San Diego County, showing that “affordability” index is at an all time low.

Yep, between that and hedge funds, fewer homes are lived in by the owner anymore. Last time mortgages were this high, houses cost a lot less. This is something we will need to fix.