It has been this bad before. How home buyers got it done in 1981
It has been this bad before. How home buyers got it done in 1981
(NerdWallet) – The housing market is in grim shape. People yearn to buy but are thwarted by rising mortgage rates, unaffordable homes and an inadequate supply of properties for sale.
The hopeful news is that America has been through this before — in 1981 — and things eventually got better. The sobering news is that the early-’80s housing market stayed alive courtesy of some factors that barely…
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