Posted 2/7/2024 05:42 (#10612056 - in reply to #10611869) Subject: RE: Is the Economy good or bad??
near dyersville iowa
A lot of loans are still cheap interest. I have a car loan at 2.9%. It's when these loans run out the problems start. People just will not upgrade cars until forced. Same with houses. Less houses on market, no supply equals high prices. But people can't afford high prices because of interest rates. So will prices go down? Or will there just be no sales?