Submitted by TransitionSea9480 t3_1255grj in RhodeIsland
Theo_dore229 t1_je2ospb wrote
Reply to comment by ApolloKid in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
Absolutely. My only point was mostly that it’s better to get your foot in the door regardless. While interest rates have definitely made housing prices go up, we have a fundamental shortage of housing. By a significant amount. At this point, even lower interest rates won’t solve that problem. It’s going to require coordinated policy decisions in multiple levels of government. That’s going to take a while to happen.
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