Gm to everyone, especially the ones adventurous enough to buy a house with these mortgage rates and housing prices

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt .Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Economics, WallStreetBets, Stonks or Finance

What would be a good channel for content like this?

Building paywithglide.xyz. ex Robinhood, Uber, Apple

You can always refinance when rates go lower again

I bought it at 4 and it felt so high then. Always thought it was going to plateau at around 4-5

It's not gonna stop at 8.00 though

Housing crisis has never been this bad

I have actually been considering (UK) and would actually value advice!

My logic: house prices are near all time low

And with a two year fixed mortgage, expecting rates to be much lower soon, it wouldn’t be so bad?

The low house price is forever, the high rates are two years?

Am I dumb?
I’ve never bought a house

I am actually considering, not in the US though. When you look at house prices in money/gold terms it ain’t that pricey but money debasement is horrendous. I think we have room 10-20% -ve in houses but arguably not much more.