Quote:
Originally Posted by b0son
And this will put a floor on how far the market can ever drop here - investors. With rents soaring, that floor is probably higher than ever, with the consequence being that if rates really do go up 2.5-3%, FHBs will remain priced out. Next year will be a great time for those with lots of cash in the bank.
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Are you implying that I'm purchasing to invest? I'm not, I sold my house mid way through last year and am looking for a new place to move into.