source: https://awealthofcommonsense.com/2024/07/buying-a-house-at-the-top-of-the-market/
Greg Ip at The Wall Street Journal penned a piece recently that warned potential homebuyers about the prospect of low returns from current levels:
I don’t need to offer any more details from the story because you already know them. Housing prices are up a lot. Mortgage rates are also up a lot.
This is a fair warning.
We essentially pulled forward a decade’s worth of housing returns into the first few years of...