Quote:
Originally Posted by pepper24
^ the % of household income (mostly dual incomes) has dropped since the peak but it's still near 40% which is high. Isn't 32% the benchmark ratio for banks?
Factor in record low interest rates and that number is going to get ugly when they go back up to the historcial averages of 6-7%. The only way to correct this will be a drop in home prices.
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Can you tell me when that's going to happen? I want to get some fixed investments with those rates.
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