• Goldman-Sachs STILL Predicts Higher Home Prices

    From 186283@ud0s4.net@21:1/5 to All on Fri Sep 27 01:56:00 2024
    XPost: talk.politics.misc, alt.politics.usa

    https://www.newsnationnow.com/business/your-money/goldman-sachs-forecasts-steady-home-price-hikes/

    Falling interest rates, which make houses more affordable,
    will also result in steadily increasing home prices, according
    to the latest report from Goldman Sachs Research.

    The firm recently increased its forecasts for home price
    appreciation to 4.5% this year, up from its last forecast
    of a 4.2% rise in 2024. It also forecasts prices to rise
    by 4.4% next year, up from the April prediction of a
    3.2% increase.

    Goldman Sachs research analyst Vinay Viswanathan believes
    the economy will create a “slow grind” toward home
    affordability based on three factors.

    . . .

    Ummm ... this is just BAD on the whole. It condemns most
    of the pop to crippling rent/lease prices and a sort of
    transitory existence that does NOT promote social/community/
    commercial stability.

    SOME kind of general 'rebellion' is needed to FORCE
    some changes. This seems the ONLY approach. What would
    happen if everybody paid HALF their current rent/lease ?
    (Don't be DIS-honest !) Are they gonna evict umpteen
    millions ? WHO will buy or pay more ?

    The lesson, the current trend HAS to be broken, and
    broken badly. Otherwise nobody is gonna get the kind
    of life they BADLY WANT/NEED. Real-estate speculators
    and pirates need to get SPANKED.

    Just sayin'

    OR ... continue to be screwed unto death.

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