I argue that for most people, you can choose to buy a new car or own a home (if you can have either of them at all), but not both. … Read More
home prices
40 year mortgages are here (maybe). Would you want one?
To help more people afford homes, there is talk of a new 40 year mortgage product. This of course would not help who it is supposed to. … Read More
Tags: home ownership, home prices, loans, mortgage, mortgages
Why everything today is more unaffordable
If you think people today are finding that homes, cars, and student loans are unaffordable, well, you’re right. Have you ever watched Company Man on YouTube? His videos take a look at businesses, primarily restaurants, and talks about how they … Read More … Read More
Tags: affordability, Company Man, home ownership, home prices, Popeyes
The past and future of home prices, or how no one remembers history
In many areas of the country, home prices are going crazy. Or at least that’s the narrative. I just discovered an amazingly engrossing interactive chart by The Economist where they show home prices in various U.S. cities as a function … Read More … Read More
Tags: home, home prices, house