lowesthangingfruit
Active Member
Any comments on what tends to happen with real estate markets in times of stagflation ?? Would be curious if anyone could shed some insight. Thank you.
I bought my first house during the stagflation era of the early 80s. I paid 65K and got a mortgage at 16% I believe. Seven years later mortgage rates were about half and I sold the house for double.
I bought my first house during the stagflation era of the early 80s. I paid 65K and got a mortgage at 16% I believe. Seven years later mortgage rates were about half and I sold the house for double.