Comment on 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

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... Holden Lewis writes for NerdWallet.

 

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