I've been trying to explain to her since the beginning of this 'pandemic' that the idea of getting a mortgage when our government is hemorrhaging money is not a good idea. Particularly following recent statements from the WEF and the like. I do not have the ability to source unbiased articles about the housing market and economy that could help me explain why I feel the way I do about our economic future. Can you guys please help because I really don't feel like getting into a financial situation that will crumble within no time
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2003 was the best year. by 2005 property values nearly doubled in most urban centers. I had a buddy who was going to buy an 8 unit apartment complex for 500k, his plan was to live in one while renting out the rest.
Wifey talked him out of it, because she needed to have fancy shit. Those units are condos now, they sell for ~175k each.